"For instance, if many people sold their GLD ETF shares, that would suddenly dump a lot of gold onto the market.'
No. That leased gold would then only show up on the books once . . . in the governments vault rather than showing up twice once on paper in an ETF and again in the governments vault.
Avery, you have been on my "follow" list for a long time. Your articles are always well thought out. I am curious what you think about what Ted Butler has been saying about JP Morgan's massive short position on silver.
What's Shaping Gold Price [View article]
No. That leased gold would then only show up on the books once . . . in the governments vault rather than showing up twice once on paper in an ETF and again in the governments vault.
Silver Prices Are About to Fall [View article]