RE:RE:Interesting move yesterdayMarket Vectors that owns over 19 million shares has been a big seller BUT they are only doing it to rebalance their holdings. They must have large outflows because their percentage of PG in the fund remains constant at 1.15%. Most other fumes are constant or increasing their holdings.
As for the 12% move in the last 2 days? Who knows.....gold can jump 20 dollars tomorrow and we can drop 10%.
We will win respect at some point but it has been very painful wait.