I guess I was not realizing GLD is the proxy the manipulators use to rig the price, so it is your premise that, he is either ignorant of the issue or intentionally misleading with this statement?
This dominance along with GLD's extreme transparency make it the best proxy for investment-capital flows into and out of gold. Every single trading day, GLD's managers release the total gold bullion this ETF is holding. This is done in extraordinary detail to placate anti-gold-ETF conspiracy theorists, down to the individual-gold-bar level including serial numbers and weights. This week's list was 1305 pages long!
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