Quote:
Originally Posted by Houdini
There's approx. 1200 tons in the GLD reserve (you can look this up in their filing). Just the U.S. Fed alone has 8100+ tons. There's another handful of countries that have 2000-4000+ tons each as well. Whatever you read about the GLD having more than central banks is not true.
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Yep, I saw that after this post. oops. I still Wall Street has lost their love affair with gold.