It's a long list of brain dead and/or slimy gold/silver WRONG WAY PUMP ARTISTS, that includes Hathaway, Cramer (aka Old Baldie), Gartman (aka Old Sleazo), Rogers, Willie, Maund, Schiff, Rule, Chapman, Ackerman, Butler, Holmes, Faber (aka Dr. "WRONG WAY" Doom), Shiller, Tice, and all the rest of the BRAIN DEAD and/or SLEAZO gold/silver cheerleader boobsters. Anybody who purchases a single gold/silver share or forever WORTHLESS gold/silver CALL option based on the BOGUS recommends of that human garbage DESERVES their inevitable LOSSES......we are on the verge of a gold/silver CRASH and another Dow/Nasdaq rocket to the sky.....and the continuing avalanche of negative news featured in the whoore media GUARANTEES I remain 100% CORRECT....and have bet the entire farm on this typical GENIUS evaluation of mine!
P.S. for those who doubt my brilliant market evaluations, then ask yourself the following: if some FOUR years ago, the USELESS gold bullion dropped 100 bucks per day at one point.....and if today, that awful rotten gold bullion STRUGGLES to gain $20-$30 on a "good" day, only to see every single gain ERASED in a heartbeat, typically within one hour of trading....then does that not prove ALL gold bounces are more than OBVIOUS PUNY DEADCAT BOUNCES In an ongoing gold BEAR market????? Duuuuuuuuhh?? Duuuuuuuuhh??? ROFLMAO And girls, it's even WORSE for the ZERO VALUE SILVERS, so don't get me talking about that pile of puke trash!!! ROFLMAO
Your average State Street employee above. Thanks for the confirmation of how absolutely brain dead you State Street rats are. I knew you had a tendency to say some of the dumbest excuses to justify your GLD scam but this one went so far beyond stupid that even I had doubts.
iu3rdstring • Mar 11, 2015 10:49 PM
"If you cannot PROVE that even ONE company allows customers to audit them, then your claim that not auditing a sub custodian is "hole" "backdoor" etc is just a fraud"
So basically, you're saying because GLD is a customer of a custodian like HSBC, HSBC should never allow an audit. Just how little brain cells you State Street rats have? You might as well just say all audits are completely pointless like the rat faced cons you are.
iu3rdstring • Mar 19, 2015 6:42 PM
"Adam is another disgruntled gold loser looking for a scapegoat."
Go on, tell me what I would get out of having a scapegoat of this nature you dumb shill. You do not know when I bought gold and what percentage it is compared to the rest of my investments. Furthermore, you don't know what my time horizon is. Once again, you have no clue how amusing it is to watch a rat faced cr○○k like yourself defend your GLD scam like your life depends on it.
You can regurgitate the lame excuse about top holders all you want but the top dogs can redeem and face zero risk while everyone else gets to be bagholders. What a stupid shill you are to compare the risk here to Madoff's fund.
Let me make just one guess at what you're trying to do here: you're too stupid to come up with any real counterarguments so now you're just making up completely irrelevant claims in a futile attempt to detract attention from the audit loophole / backdoor. Am I on the mark so far? Too bad for you State Street rats, some investors will actually read the prospectus and see all the holes in it.
Keyword: INITIATING the redemption as State Street reps state APs refuse to work with average joes with less than 100,000 shares.
And don't forget tell me how you got my name when I never disclosed my personal info anywhere. Also why don't you try telling me again why GLD forfeits the right to audit subcustodial gold holdings creating this gigantic audit loophole so I can have another laugh.
"and it's the ONLY TIME APs REDEEM UNITS."
Why are you lying again State Street rat? See here is the fatal flaw with a lying rat like you. The moment someone calls and is told that these redemptions have been done before and that it is possible to redeem if you contact the APs, your lie falls flat on its face. Moreover, everyone who was previously told the same will instantly know you're lying. You lose State Street rat.
As for the rest of the garbage you're spewing. Most of it has nothing to do with initiating the redemption function by large GLD holders (100,000 shares or more) as defined by your very own State Street representatives. And once again either this State Street shill is lying or their representatives are lying because the State Street reps are STILL saying that a redemption of this nature has already happened before. Not only that but these State Street rats still say it is possible to work with APs to redeem for the gold. I suspect ratstring is the liar.
iu3rdstring • Aug 11, 2014 6:36 PM
Hiroshima bomb did not open their gold vault. 100yds from ground zero
Insurance is weakness???
Who but a brain dead Shermiegold would fully insure HSBC high security vaults?
This is the exact same bullsh** the GLD reps tried feeding me. They would go into these ridiculous scenarios to make the claim that GLD doesn't need insurance instead of simply talking about the most obvious scenario - fraud. We hear about fraud every day yet these reps would talk about atomic bombs/terrorists/earthquakes ... you name it. I'm am certain that 'iu3rdstring' works for GLD. These State Street employees are disconnected from reality. You'll never hear such an absurd excuse for GLD's lack of insurance anywhere else. And judging by how active he is here, there is also a good chance that iu3rdstring is with the same incompetent laughingstocks that screwed up the CNBC visit with the missing ZJ6752 bar.
iu3rdstring • Oct 10, 2014 7:19 AM
Sub custodian is bogus as evidence shows this is a temp situation.
Forfeiting the right to audit subcustodial gold holdings is one point that has never been justified. Subcustodians being temporary or not doesn't matter. It doesn't even matter if the word forfeit or forgo was never used. This is STILL a glaring loophole that anyone can see whether you admit it or not. There are no good reasons for this backdoor to exist.
iu3rdstring • Aug 19, 2014 7:19 PM
Why doesn't bloomberg or cnbc or WSJ run an expose?
How can Bloomberg or CNBC or WSJ investigate when they don't have access to the vaults? GLD organizations only have to cite security issues to prevent them from accessing and this cr○○k knows it. By now, I hope anyone following this thread notices how iu3rdstring is constantly bouncing from one bullsh** line to another. These State Street employees are a bunch of con artists that deserve a lengthy jail sentence.
iu3rdstring • Feb 24, 2015 8:21 PM
You cannot forfeit a right you never had.
The prospectus says they have no right to audit sub custodians.
That means subs won't allow it, even if GLD were dunb enough to wanted to audit
Learn the language "
Too funny. Look at this State Street rat trying to worm his way out of the audit loophole in GLD.
"That means subs won't allow it, even if GLD were dunb enough to wanted to audit"
You're kidding me right? Is this the best you State Street rats can do? SUBS WON'T ALLOW IT? Well geez, I guess if criminals like you won't permit audits to retain a backdoor for illegal activities, no one should question it. And dumb enough to want an audit? Well geez, I guess all audits are completely pointless right? Go get bent you rat faced cr○○k.
iu3rdstring • 20 hours ago
"GLD has never forfeited a right to audit sub custodians"
Another lie. "the Trustee has no right to visit the premises of any subcustodian for the purposes of examining the Trust's gold or any records maintained by the subcustodian, and no subcustodian is obligated to cooperate in any review the Trustee may wish to conduct of the facilities, procedures, records or creditworthiness of such subcustodian."
The moronic State Street rat then whines and claims "no right" is not "forfeit". The rat faced con is merely playing with words. If in doubt, I welcome anyone to find a security attorney they trust. I'm confident any security attorney worth their salt will confirm GLD forfeited the right from this clause.
iu3rdstring • Jan 6, 2015
"Sod off Adam, you are such a bore
Your conspiracy on top of conspiracy"
Now tell me how you got my name when I never disclosed my personal info anywhere. While you're at it, why don't you try telling me once more why GLD forfeited audit rights to subcustodial gold holdings so I can have another laugh. I know how much you rat faced cr○○ks would like to avoid talking about this gigantic loophole in your GLD scam.
You could go to the coin op car wash at terrible herbst for $10.
Sounds like you are in Lost Wages....guess you can play the slots while waiting for your wheels to be washed, maybe make enough to pay for it! Good luck...