CT - What I find hard to fathom is why people are so trusting of an ETF run by a huge paper gold shorter.
I am trying to get my head around why a massive paper gold shorter like HSBC would want to run a gold ETF such as our ASX.GOLD and the US.GLD.
Is it to encourage people to invest in real physical gold and therefore put their own paper shorts more under water?
I don't think so. Something doesn't seem quite right to me.
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