Loading ...Figure that one out. It shows the stupid ETF isn’t even doing what its supposed to do, track Gold lockstep. Instead its following in sympathy with the Dow.
Its amazing how the scum got away with creating those false and misleading dishonest crooked things. So if there is selling in the GLD ETF, then the managers are supposedly selling bullion to match the Dow’s sales of GLD.
But futures players are buying Gold. At the same time. Maybe if we didn’t have Dow people dumping GLD spot at COMEX would be higher. Who knows, who cares, all the numbers are false and misleading anyway.
Try to buy Gold at $1735. Try to buy Silver today at $18. It simply ain’t gunna happen. Silver Eagles are like $25/oz. Gold Eagles are $1842.