in our wildest nightmares ..., page-25

Let's face it.

Gold ETFs, with large gold paper shorts as trustess, trading like equities, but far from it regarding investors rights - eg. you can't launch a challenge on the Board, have captured billions of dollars that would have been invested in gold equities.

We all know of course that all these Gold ETFs don't have the slightest difficulties in getting their hands on increasing amounts of physical gold to convert the cash investments in them 100% to physical gold.

We all know of course that the physical gold is safely stored in a London vault. Of course.

Why is it that so many people, even on this forum, assume large paper gold shorts are trustees of Gold ETFs out of the goodness of their hearts? That they want to make it easy for ever increasing numbers of people to invest in physical gold. This of course in theory should increase the price of physical gold and put their paper gold shorts even more heavily under the water.