GaryCCB

SPDR Gold Shares ETF Hits Record High Inventory

I think what RCA (rudeness should not be tolerated - Tommy Lee Jones - "Lonesome Dove") is driving around the block on is that apparently State Street Global Advisors (issuers of GLD) have stretched a lot and purchased a lot of gold in the apparent belief that gold is definitely going to rise significantly. I tend to agree but have my gold stake divided 50% GLD and 50% GDX. GDX reflects mining companies.