when gold hit $1196 in Dec 2013, SPDR holdings were 809t
Gold up by $90/oz and SPDR holding down by 20t to 787t
another 100t selling (that banks believe will send the gold price down to under $1200/oz) probably. But if that selling is not rapid, it will be absorbed by the market and we would have seen the great transfer of wealth from West to East
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when gold hit $1196 in Dec 2013, SPDR holdings were 809tGold up...
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