GOLD gold futures
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the puke indicator

  1. hercules007
    4,542 Posts.
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    23/02/13
    20:08
    Post #: 11458548
    Anybody following Lance Lewis' "GLD Puke Indicator"?

    GLD officially puked this week: the fund experienced outflows of 20tons on Thursday and 10tons on Friday. It lost a total of 42tons for the week. That is a serious "puke".

    The biggest "puke" was the week of 22 August 2011 when GLD lost 58tons, and we all know what happened to gold price afterwards.

    Detailed explanation here: http://victorthecleaner.wordpress.com/2012/06/01/gld-the-central-bank-of-the-bullion-banks/
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