SPDR Gold Trust (GLD)

[tw0122]

What is the true value of GLD are they really holding the physical gold or not? Those trying to get gold via the EFP (Exchange for Physical) are now realizing that the real metal is not there, further shattering the positions of paper gold.

People want their gold now because they realized that the fiat money world is collapsing and then they go to get their gold and these exchanges with Comex or LBMA are saying 'no we don't have the gold actually, we lent it out, it's not here.


As the markets have too many claims and not enough gold, especially at times when the world is facing 2008 crisis part two.
It makes people want the precious metal even more than the countries that have repatriated it. This could finally crash the price of paper gold.

Everyone wants to repatriate, they want their gold back... So the physical price of gold is now zooming higher and the paper price soon will become a meaningless price.