This is worth a read could the ETF scam just be a way for the big banks to take physical delivery at these prices before the "chump" traders wake up.
The link: http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=263:bullion-etfs-a-multi-purpose-scam&catid=53:featured&Itemid=102
"It's certainly a lot easier for the fat-cats to buy real gold when their competition amongst the little people is busy buying the paper of bullion-ETF's. Not only do they not have to pay big premiums to buy their gold, but with the amount of investor dollars in so-called bullion-ETF's seriously diluting the money going into the sector, the fat-cats can buy at a much lower cost-per-ounce than if everyone was buying real gold."
