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SPDR GLD ETF Unloads 79 Tons of Gold - Should Investors Follow Suit?

Finally a Gold bug accepts that the Gold scenario have change severely in the overall environment, it's not that Gold isn't worth its price, it is that major holders of Gold nowadays are Funds, Investments Bank and ETF, it they don't sell at times where the price of the dollar, the inflation outlook and the overall sentiment is recessive, then their profit is going to dissapear forever, dont' trade spot trade short funds like DB, noone ever would like to hold a losing asset unless it is properly hedge but how can you hedge holdings of physical Gold? probably by selling paper Gold which makes the case even stronger. Watch out for analysts recommending you to buy without looking at the big picture, they may be angry for the so called free market (a manipulated one) but the fact is that you want to make money regardless who is mad of the market and who is not, madness comes as a natural reaction to huge losses in a very challenging environmet like this. On top of this, losing investments bank now have to grab their well built up commodity wealth while it last, it is the one of the few liquid assets that can provide cash when they are going broke