Sorry, bollinger, I am just not the same wave length as you.
I heard you say ETFs are trading gold, and the price of gold has risen. And, you then say, when ETFs stop trading, the price of gold will fall.
Of course, I conclude you are linking ETFs to the price of gold.
But you say you are not linking POG to ETF.
From your post:
You say: " I did not say that the price of gold increased because of the phoney ETF trade. If fact I would say the opposite. I don't know where you read that in what I wrote."
Then next sentence you say: "when the general market moves on from gold, they will withdraw their money from ETF gold funds.
The price of gold will collapse"
Again, I can only conclude you link ETF activity to causing fall (and rise, I guess???) of gold.
Add to My Watchlist
What is My Watchlist?