GLD has lost "flight to safety" status, ergo it is effectively worthless
Ladies, here are more invaluable lessons for AMATEUR DUPES, who best learn them quickly, in order to recognize PHONY UNSUSTAINABLE burps in USELESS golds and silvers, such as today's burp in the GLD joke:
historically, ladies, in ALL genuine bull markets, gold and silver miners have ALWAYS jumped upward and preceded the rise in the bullion itself. In case you didn't notice, that is NOT happening today, since most of the awful USELESS miners continue to trade in the RED or barely in the green.
Furthermore, in ALL genuine bull markets, gold and silver JUNIORS have ALWAYS radically outperformed the seniors in percentage terms, since the stock market is nothing more than a barometer for FUTURE expectations, and the JUNIORS historically have ALWAYS had the greatest FUTURE expectations.
In fact, gold and silver JUNIORS are mostly on a fast track to the PINK SHEETS and that ONLY happens in CONFIRMED BEAR markets, since the JUNIORS ALWAYS DIE FIRST in a BEAR market.... or haven't you sweet GLD SUCKERS not figured that out yet????