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| Alias Born | 06/16/2004 |
Thursday, December 08, 2005 7:50:18 PM
GLD now has 232.32 ounces of $GOLD in its hoard...
so in a little over a year's time, GLD has taken off 232.32 TONNES of $GOLD off of the physical market... THAT'S HUGE!!!
In response, $GOLD has gone from $450 to it's current price of $520... should it be higher?... I do believe it should if in fact GLD has hoarded 232.32 TONNES of $GOLD... or
7,469,218.93 OUNCES... WOW!!!
7,469,218.93 OUNCES x $520 = $3,883,993,844
SURE WISH I COULD GET MY HANDS ON EVEN .0001% OF THAT HOARD!!!
so in a little over a year's time, GLD has taken off 232.32 TONNES of $GOLD off of the physical market... THAT'S HUGE!!!
In response, $GOLD has gone from $450 to it's current price of $520... should it be higher?... I do believe it should if in fact GLD has hoarded 232.32 TONNES of $GOLD... or
7,469,218.93 OUNCES... WOW!!!
7,469,218.93 OUNCES x $520 = $3,883,993,844
SURE WISH I COULD GET MY HANDS ON EVEN .0001% OF THAT HOARD!!!
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