Loading ...Every outflow has to coincide with an inflow somewhere. For every seller is a buyer. China? Russia? Banks? Commerzbank themselves, selling GLD shares and asking for delivery of bullion? Think about it.
The little people buy a hundred shares of GLD, they put up the money for “whoever” to buy the gold and store it, and it sits there until a BIG owner of GLD shares qualifies to redeem in physical. Nothing is the way it looks or sounds. You need to make your own conclusions, re news media info.
Like Trump said, why tell the enemy what you are going to do BEFORE you do it?? Well? The people are like the enemy to TPTB, and for SURE are not going to provide any valuable or useful info for us.