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What IF…selling GLD shares in a capital/ liquidity/debt crunch is the go to way to survive
maybe GLD holders ( the Big Holders) Have accumulated shares just for a time like this..
As they sell to get liquid the Price of Gold drops ironically …as the financial system is stressed !
https://goldtadise.com/?p=423074
Pass the bong.
Maybe the biggies are going to take big profits in gold if this bill passes, hence the hesitation. But,that doesn’t explain the other commodities going down.
I am totally befuddled.
https://www.youtube.com/watch?v=Ubm0bt-If9c
smart big players sell out to the unsuspecting retail crowd which creates the bubble and end game as no more buyers. I’d reckon they be buying the cheap beaten down stocks somewhere else to start another party.
Who bought the 100+ tonnes the GLD Sold? When will the world wake up?
German has successfully conquered Europe, took an extra 90 years but hey they did it. Minus Great Britain so far.
China Russia and company poking the Bear. The US on verge of Civil war on so many fronts. Rally the populace and go out with a bang against the MSM Evil Empires?
Even Germany is taunting the US with dropping the $US.
Talk of the perfect storm. Economic/Currency Warfare all around, potential for real War at every turn? Wow paper is in the toilet where it belongs maybe? People surprised that Gold is part of all the chaos?
Notice the peak of GLD holdings days before the Yuan Oil launch…
There have been so many plausible theories posted on the tent in the last 2 years that have completely busted, and some yet to play out. There are Tenters theories still in play well we shall see how they play out as once predicted?
We could be on the Brink of WWIII or WWIV (depending if Germany’s takeover of the EU is counted) we are living in dangerous times IMO (Financially, Economic, Social, and as a Human Race).
IMO either Iran or Syria before the end of October. What happens if the US comes up against a real military power like China or Russia? Maybe both?
Good luck with your GLD folks.
Who Bought the 100 tons of GLD ?
It doesn’t work that way Red
GLD is NOT like a stock with a fixed amount of shares .
When GLD is sold the Underlying Gold gets sold and the number of shares just declines.
That is a very simplistic explanation and I certainly do not understand the exact mechanism.
As far as your geopolitical analysis…..If you want to know what is happening on the macro economic scale please read Plunger’s Weekend Report at Rambus site……best yet explanation…of the PBC !
FGC my point is certain entities purchased the 100+ tonnes. There is a real possibility that entitles selling GLD are buying the Physical is my point.
Say if a CB wants to buy Physical they dump the GLD lowering spot prices before loading up on Physical Gold?