|
Did GLD And Other Gold ETFs Kill Gold Stocks?by Tyler DurdenZeroHedge Dec. 19, 2011 |
Popular 
IDF Soldier Takes Sledgehammer to Jesus Statue During Operations in Lebanon
Mark Levin and Jonathan Pollard Push for Nuking Iran
Trump Says U.S. Sent 'A Lot of Guns' to Iranian 'Protesters'
Reuters: Trump Approved Iran Strikes After Speaking With Netanyahu
Trump Appears to Surrender Strait of Hormuz to Iran, Tells Allies to 'Go Get Your Own Oil'
 In a just released piece by Goldman's Eugene King which explains the firm's justification for why gold will peak at over $1900 in 2012, and which we will discuss in greater detail shortly, Goldman brings up a very interesting point, namely that the ongoing weakness in gold stocks, and the broad decoupling of gold miners from gold price can be attributed to one primary thing: the emergence of synthetic means of expressing a position on the gold market and "bypassing" direct gold cost pass thru exposure in the form of gold stocks. Read More 
|
