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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Taikun who wrote (28186)	1/22/2008 11:35:18 PM
From: TobagoJack	Read Replies (1) \| Respond to of 218304

all very strange and this in in-tray but, i have faith that at the end of the end, gold will pulverize prime evil quote Bill, If there is anyone on the planet who does not recognize manipulation in gold and financial markets after this weekend they are brain dead! The FED knew they were going to have to make this move to rescue the stock market. Goldman Sachs suddenly increased their gold short position by 3600 contracts on TOCOM over the last 4 sessions. GLD gold ETF mysteriously had its biggest one day liquidation of gold on Jan 17 (21.5 tonnes!!) resourceinvestor.com. These visible events were no doubt the tip of the iceberg in a Cartel concerted effort to bash the precious metals to pave the way for trashing the dollar with a massive rate cut as released this morning. It can not be more blatant…or at least not until their next trick!! What is clear is it took a MASSIVE amount of gold to be mobilized to knock $50 off the gold price. This suggests the bears are in trouble because encores of that magnitude will be difficult to pull off. Cheers Adrian unquote

To: Taikun who wrote (28186)	1/22/2008 11:54:51 PM
From: energyplay	Respond to of 218304

There's a discount for volume. GLD moves a lot of gold.

To: Taikun who wrote (28186)	1/23/2008 8:27:11 AM
From: WalterWhite	Respond to of 218304

Perhaps they only purchase via futures? Not sure what the transaction costs implications are tho. Me, i only get as close as options on the futures :) Globe

To: Taikun who wrote (28186)	1/23/2008 9:13:30 PM
From: aknahow	Read Replies (2) \| Respond to of 218304

When physical gold sells at a premium to GLD ETF shares the authorized participants do not buy physical gold they sell it and buy shares. Also shares do not represent 1/10 of an oz. of gold. Each month a small amount of physical is sold to cover storage cost. The manipulators are those that spread false rumors about GLD ETF in a failing attempt to maintain their own high markups on the purchase and sale of physical. BTW today GLD ETF took delivery of about 8 tons of physical as shares were sold by authorized participants and physical purchased and delivered to cover the shares that were sold short. 22 Jan 2008 20,022,387.02 622.76 17,515,151,272.89 23 Jan 2008 20,269,268.77 630.44 17,999,545,761.15

To: Taikun who wrote (28186)	1/25/2008 3:21:16 AM
From: Moominoid	Respond to of 218304

All these ETFs which start out with nice logical prices gradually drift away from them. For example QQQQ was originally meant to be 1/40th of NDX: finance.yahoo.com But that would be $45.673 not $44.91.

To: Taikun who wrote (28186)	2/27/2008 10:26:47 AM
From: IA	Respond to of 218304

Hello That quote, is not quite accurate. Below info taken from streetracks site streettracksgoldshares.com From here: streettracksgoldshares.com you can see slightly delayed NAV and current trading price on the right hand side and from this link here: streettracksgoldshares.com you can see that is has almost always traded at a premium to NAV according to todays info (27 Feb 08) from streettracks homepage: Yesterdays NAV was $92.50 and the Mid-point spread between the bid and ask was 93.22