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SPDR Gold Shares Message Board

  • debbie_downer_does_dallas debbie_downer_does_dallas Feb 28, 2013 4:14 PM Flag

    Gold Is Such a Ponzi Scheme

    The gold trust issues more GLD shares to sell and use the US$ proceeds to buy more gold that drives the gold price higher and get more people to bid up GLD higher and then more GLD shares are issued and sold for more US$ to buy more gold and so on....until you run out of GLD buyers and then CRASH.

 
GLD
118.16-0.67(-0.56%)3:27 PMEDT

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