Replies to post #42 on SPDR Gold Trust (GLD)

[FinancialAdvisor]

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!!!