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TF Metals Report: GLD drain continues in 2014
1:10p ET Tuesday, January 6, 2015
Dear Friend of GATA and Gold:
The exchange-traded gold fund GLD continued to lose metal in 2014, the TF Metals Report's Turd Ferguson writes today -- nearly 11 percent of its inventory, though far less than the 41 percent decline in 2013. Most of the metal seems to have been sent to China. Ferguson's commentary is headlined "GLD Drain Continues in 2014" and it's posted at the TF Metals Report here:
http://www.tfmetalsreport.com/blog/6508/gld-drain-continues-2014
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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