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SPDR Gold Shares Message Board

  • ex.goldbug ex.goldbug Aug 23, 2011 6:31 PM Flag

    GLD liquidates 1.9% of gold holdings

    Just the start of the bullion puking, or "rebalancing". This will drive POG down hard, and start a vicious circle of selling. POG going below $1300 in a few weeks.

    Separately, the Shanghai Exchange raise gold margins. CME next?

122.41-0.55(-0.45%)3:38 PMEDT