Tr1ptych, 13-Fs is a term referring to reports filed by US Institutional Investors.
So the Got Gold Report article is telling us that the investment reports filed by George Soros indicated the money he received from selling out of the GLD ETF was invested in gold shares.
But the mainstream US financial media just reported that George Soros had sold out of gold. It did NOT report that he sold millions of dollars worth of units in the GLD ETF and with that money purchased millions of dollars of gold shares.
I wonder why not?
Personally I do expect large numbers of astute investors to abandon bankster managed precious metals ETFs for investments in genuine physical precious metals where they take delivery, investments in gold shares and in an ETF that backs itself 100% with physical such as the Sprott managed ETFs that don't have numerous qualifications and potential outs about possession of physical in its prospectus.
