gld inventory under 790 tons, page-67

hrcules,

There's no shortage of gold because the price is decreasing and ETF's are selling as their shareholders divest themselves of a dead asset.

You seem to think the chinese are very smart buying gold but so far they've lost Schiffloads of money and that doesn't seem very smart to me.

In the meantime the WSJ has published its prediction for gold in 2014.
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Commodity prices look set to distinguish themselves in 2014. From gold to
grain, raw materials will trade less in line not only with equities, but with
each other – and are likely to fall, to boot. Thank a calm euro zone and the
prospect of the U.S. Federal Reserve cutting back its bond purchases.
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