Gold ETF fraud, Managing Director of GLD owns real gold but no GLD shares !
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Uploader Comments (Harshjones)
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YOU LIE
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Well, I noticed that sharp intake of breath, the pause....he owns physical; well of course he does.
It's either that or the tungsten in the vaults.
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GLD doesn't even have ownership of the Gold. It was lease and must be given back to LBMA if called upon.
codematrix 1 year ago
@codematrix
Not correct
It is allegedly in an allocated account.
Harshjones 1 year ago
Very good point! Hmmm, so which ETF would you suggest? Do any of them play a fair game? I don't want my Fund Paper to be another Fiat currency. If that were the case I'd just hold onto my dollars.
U2Berror 1 year ago
@U2Berror
If you have a very small amount of money to invest, and there is no way you can buy your own physical metal, then buy the Sprott Physical Gold Trust. Symbol PHYS.
Eric Sprott has the same interest as we do. He intends to bust the COMEX and the GLD by taking as much physical delivery as he can. By buying into his ETF or by buying your own physical, you are accomplishing the same thing and you will inevitably profit form it.
Harshjones 1 year ago