gold bullion or paper gold, page-13

CT - What I find hard to fathom is why people are so trusting of an ETF run by a huge paper gold shorter.

I am trying to get my head around why a massive paper gold shorter like HSBC would want to run a gold ETF such as our ASX.GOLD and the US.GLD.

Is it to encourage people to invest in real physical gold and therefore put their own paper shorts more under water?

I don't think so. Something doesn't seem quite right to me.