Wednesday, April 17, 2013

Bob Pisani: What Happens To Gold ETFs During Selloff













Pisani on today's gold selloff and redemptions at ETFs.
Who will be the marginal buyer in gold?  Here's a hint.
If the Fed needs to buy several hundred tons of gold to eventually send back to Germany, they would certainly benefit from today's lower prices, wouldn't they.

Central Banks Buy The Most Gold Since 1964


MUST SEE: Is The Fed Lying About Its Gold?

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