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MPoj

MPoj
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  • The SPDR Gold Trust (GLD) recorded $897M in outflows yesterday, the largest decline since August 2011. Commerzbank wants to see more days of outflows, but says it's surely a negative if even ETF investors are caught up "in the selling pull." More: Central GoldTrust (CTU) now trades at a discount to NAV vs. an average 3.4% premium over the past year.  [View news story]
    The gold bubble is going to bust. Since the all time high from August 2011, we are making lower lows and lower highs...This market is also not liquid and don't be surprised to see a negative 5%-7% day move soon....
    May 23 10:59 AM | 3 Likes Like |Link to Comment
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