Last night we asked "is the paper gold selling over?" [2] Judging by today's plunge in GLD - the biggest Gold ETF - to 5 year lows, it has a way to go...
For some context...
Charts: Bloomberg
Last night we asked "is the paper gold selling over?" [2] Judging by today's plunge in GLD - the biggest Gold ETF - to 5 year lows, it has a way to go...
For some context...
Charts: Bloomberg
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/news/2015-07-14/gold-and-silver-stand-selling-paper-gold-and-silver-finally-ending
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/07/20150715_WGLD.jpg
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/07/20150715_WGLD1_1.jpg