2013-08-01kingworldnews.com

``The short interest in GLD right now is incredibly high.  It's roughly 30 million shares, and the key point here is that this is taking place while the shareholder count keeps contracting.  The shareholder count is down to just over 300 million shares, so the short interest is roughly 10%. The shareholder count keeps contracting because the physical gold keeps getting redeemed.... ''



Comments: Be the first to add a comment

add a comment | go to forum thread