Loading ...re resilient shares. Yes, sometimes. But overall, they seem stuck in the mud. My account balance is totally boring, with about 12 various miners with account balance that hardly moves. Gold climbing off $1215 since July 10th close to $1300, and my account balance today is the same as July 10th $1215 gold. Figure that one out.
A long time ago I posted suspicion that they re-calibrated the machines that price the shares relative the bullion. The shares simply do not move like they used to. Now the 1st half of 2016 the machines were wrong the OTHER way. Fast and high. Every thing went from $2 to $30 in 6 months. After that on the next up-leg I noticed a big difference in price action. Something very weird going on in the whole system. Everything is fake.
Scroll chart back to july 10 and add miners in compare box to get picture.
http://www.google.com/finance?q=gld&ei=eD6fWcGaDJbUjAHxrozYDA