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TF Metals Report: Gold is NOT flowing back into GLD
1:30p ET Thursday, February 20, 2014
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson today contradicts assertions that gold is flowing back into the exchange-traded fund GLD. Instead, Ferguson writes, the metal moving back into GLD is being withdrawn almost immediately. "Physical gold is clearly in very short supply worldwide as demand is insatiable," Ferguson writes. His commentary is headlined "The GLD Two-Step" and it's posted at the TF Metals Report here:
http://www.tfmetalsreport.com/blog/5505/gld-two-step
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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