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appone » Comments » GLD

  • Thursday Outlook: Commodities, Global Markets [View article]
    FAZ 1 for 10 reverse split set it up for continued failure. IMO, FAZ could see the teens before too long. Many ETFs are turning out to only be good for very short trading
    Jul 16 10:24 am |Rating: +1 -1 |Link to Comment
  • Indians Are Selling Gold - Is Their Thinking Right? [View article]
    And how exctly are the poor being ripped off?
    Are the "rich" forcing the "poor" to sell the gold at these record prices?
    If your numbers are correct, the "poor" have sold 12.20 tonnes of gold.
    If my calculation is correct, that is 392,239 troy ounces of gold. At $950 per troy ounce, the "poor" have received $372,627,000 (rounded).
    IMO, the statement about the poor is gratuitous and adds absolutely nothing to this article.
    Feb 23 08:33 am |Rating: +8 -2 |Link to Comment
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