Custodians of the ETF GLD Have Refused to Give People Physical Gold

Published by Goldbroker ™ | Sep 13, 2013 | Articles

By Eric King

One of the most highly respected fund managers in Singapore shocked King World News when he said that custodians of the ETF GLD have refused to give people physical gold in exchange for the shares. Grant Williams, who is portfolio manager of the Vulpes Precious Metals Fund, also warned that the massive and escalating paper claims on physical gold at the COMEX warehouse are going to create an explosion in the price of gold.


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Tags : COMEX

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