GOLD 0.51% $1,391.7 gold futures

the puke indicator

  1. 4,523 Posts.
    lightbulb Created with Sketch. 110
    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/
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.