De Graaf

Reviewing the 'New' Kid on the Gold Block

"The key change ETFs have brought to the market is transparency."

Thats a rather bold statement don't you think?

"The ETFs, by reporting their balances daily, now provide a small window into the activities of private investors."

This is no transparacy, this is a tiny window of volume. With HFT and custodian bankers around the block, volume means nothing these days.

Where my real value ! ;))