What Bob Pisani forgot to tell you about GLD

by TheWeeklyTelegram on Sep 4, 2011

Bob Pisani from CNBC takes a tour of the SPDR Gold Trust Vault in London but forgets to tell you what the prospectus really says. After reading the prospectus, GLD seems to be littered with clauses that screw the holder of GLD.

Gold is in a bull market but central bankers do not want the public to buy physical gold and silver to hedge against inflation and deflation or hyperinflation.

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.