gld inventory under 790 tons, page-2

hercules,

As usual all rumour, innuendo and hearsay.

Here's the real story, nothing to do with gold or conspiracy theories.

http://www.bloomberg.com/news/2013-10-21/china-s-real-estate-bubble-hits-manhattan.html

The chinese are likely to get their fingers burned the same as the Japanese did in the 80's. Americans selling property and gold to suckers with too much money.

JPM will probably buy it back in a few years time for half the price.

Yep, nearly 1,000 tonnes of ETF sales p.a. + 3,000 tonnes p.a. being dug out of the ground is a lot of gold to soak up.