Loading ...Re your parts:
“They ain’t buying the right amount of shares and are issuing huge new amounts of the ETF” “and the issuer ain’t buying the dollar amounts in the underlying shares,”
Comment:
Can you imagine if they did that with GLD? Take in the money and not buy what they are supposed to? It sounds like naked LONG positions. Only the ETF gets the demand, and not the underlying backing.
TPTB have been doing all kinds of strange things to delay reality. Unfortunately for them, that process will cause a SUDDEN reality situation popping up all at once. And all those index ETF funds? Just wait until a market slide unfolds. Who will buy huge blocks of shares when the big pigs try to cash out? Things will be very abrupt fast and deep.