short gold

Need Gold? Check Your Fed Holdings

I admit my calc's were in correct on the GLD trust of not being 1/10 leveraged, however how abot all those risky investors who margin their GLD's in a marginable account?

Audit's, audit GLD ETF's prospectus, you have no idea who has leveraged their positions?

Need Gold? Check Your Fed Holdings

"each share of the GLD trust nominally represents the value of a tenth of an ounce." that means they are leveraged 10 times? Sounds very risky...

Need Gold? Check Your Fed Holdings

The US can easily sell 10% of it's reserve for $258,185,376,000.00, down goes the dollar and Wall street is saved.....but Gold goes down, supply and demand...