Loading ...Let’s not forget about the outsiders hearing about higher gold prices and the strangers coming into our sand box by buying GLD or buying Gold futures on COMEX.
I heard long ago when people that buy or sell GLD the managers have to buy or sell the gold. Way back they showed on business news, the inside of where the gold was stored. They didn’t show the outside location.
Plus only the Banks can redeem GLD shares for gold and need to have a minimum huge position I can’t remember the amount. But the masses of little people buying or selling GLD are probably interfering with the natural prices.
Re the Sudden Highs and Lows of Gold Prices
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