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To: Lucretius who wrote (413311)	1/29/2011 9:01:47 PM
From: onlygold1	Read Replies (1) \| Respond to of 436258

Blogger FOFOA yesterday offered some brilliant observations about the gold exchange-traded fund GLD -- foremost among them that, far from being negative for gold, the liquidation of large amounts of GLD shares on any particular day is likely actually an indication of vast demand for gold by "giants" in amounts so large that they can be obtained by only by converting GLD shares to metal. FOFOA quotes financial letter writer Lance Lewis' stunning observation that large disgorgements of GLD shares have corresponded closely with important gold price lows that have quickly been reversed. FOFOA's commentary is headlined "Who Is Draining GLD?" and you can find it at his blog here: fofoa.blogspot.com