~*~Mining and Metals Du Jour~*~

[ConferredDiligence]

This is an excerpt from a January 2012 article he wrote. He referenced the phrase in red to another piece he authored in 2009 debunking GLD conspiracies, called "GLD Conspiracy Theories". After briefly perusing I came to the conclusion he honestly does not buy into the GLD conspiracy theories and makes some very good arguments debunking them in this piece. I would like to know what he now makes of the admissions of silver price rigging by several banks since then.

"Thanks to wacky conspiracy theorists never ceasing to irresponsibly spout utter nonsense about GLD, it still isn't as well understood as it ought to be by now. Holding a staggering 1259.6 metric tons of physical gold bullion in trust for its owners these days, worth a colossal $69.3b, GLD is a massive force in the gold market. Its price impact on gold since its birth 7 years ago in November 2004 has been enormous!"

GLD Conspiracy Theories link, long but, interesting:
http://www.zealllc.com/2009/gldcons.htm