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"How much imaginary gold has been sold?"
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FlyLow
Posted 12/20/2009 19:11 (#976775 - in reply to #974885)
Subject: This is for unallocated gold, so...



South Texas

Dear JDG,

  Thank you for the post and I can concur with a lot of the statements.  GLD and others do sell shares but they are unallocated, meaning you don't own anything, really.

   It's my understanding that companies such as BullionVault and GTU sell only allocated, audited, real gold.  What's your opinion of them?

   Take care.  Stetts

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