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SPDR Gold Shares Message Board

  • euro.junk euro.junk Jan 3, 2013 9:05 PM Flag

    GOLD ETFs IS LIKE THE DOLLAR THEY PRINT PAPER GOLD AS MUCH AS THEY WANT

     

    Banks selling you dummies worthless paper gold which is based on hot air .

    most dummies still not realize that etfs can go bankruptcy overnight if people tried to convert their paper trash to physical gold

    etfs is ponzi scheme and if you buying it then you dont want a higher goldprice because these etfs are created to manipulate the goldprice

    Sentiment: Strong Sell

    This topic is deleted.
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    • Hello biotech I mean euro junk
      You are accusing state street of fraud.
      If you have evidence go to SEC
      On ignore, mindless drivel with no basis in evidence or plausibility even

      Sentiment: Strong Sell

    • GLD is getting redeemed for physical gold. That's what happens when too many holders sell. The authorized parties take the buy side of the trade. Simultaneously they sell physical gold. Then they go to State Street for physical bullion and deliver it to buying party. If state street doesn't have bullion to deliver, there's hell to pay. They have to have bullion to back gld or above fails.
      If eveyone sold GLD at once, price of bullion would collapse to $300. All that bullion hitting market at once, price would collapse
      I would make lots of money thank you

      Sentiment: Strong Sell

    • EXACTLY...................PONZI PAPER.

      SHORT IT.

      Sentiment: Strong Sell

 
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