Every dollar put into any and all ETF’s (Eric Sprott excepted) is/can be used by TPTB to control the markets in any way they want. You might buy GDXJ, for example, but TPTB owns GDXJ so they can use your investment to short it or anything else they want. ETF’s have given them control since about 2005 and they’ve been playing traders like a fiddle ever since.
Funny how nobody seems to be able to see this. Traders just keep doing the same thing over and over and expect different results. TPTB must really be tired of laughing and laughing as they so easily control all the markets with this one simple tool. Talk about the fox guarding the henhouse while he systematically eats all the chickens. Geeze!!