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Mark H
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Gold ETF Mass Exodus

- Adam Hamilton - Zealllc

Sorry, but no. I think you should speak with some of the folks who thought they had gold stored at MF Global. Some animals are more equal than others, cough JP Morgan cough . Does anyone really think GLD's gold is not similarly encumbered? If you as a personal investor think your 'gold' is safe at GLD, you should really do a little more research.

Commented 4637 days ago

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Beginning of the headline :Gold is enjoying an awesome January, rallying strongly out of its oversold late-December lows. But last month’s hyper-pessimistic sentiment deserves some reflection before it totally fades from memory. One of the core theses of the bears resolutely predicting sub-$1400 gold prices soon was the notion that there would be widespread liquidations in the flagship GLD gold ETF, a mass exodus of capital... Read More

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