GLD Drained Again Yesterday – 33% of JPM’s Comex Gold Is Drained

Another 2 tonnes of gold was removed from the GLD trust yesterday.  The last time the reported amount of gold in GLD was this low was November 18, 2008.   The price of gold was $738.  Despite the fact that the price of gold is up about 2% YTD, 6% of GLD’s reported amount of … Continue reading GLD Drained Again Yesterday – 33% of JPM’s Comex Gold Is Drained