Alternative way of buying large amounts of Gold

Discussion in 'General Precious Metals Discussion' started by Slam, Feb 1, 2011.

  1. Slam

    Slam Well-Known Member Silver Stacker

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    This article below describes a process on how to buy and take physical delivery through the GLD. The minimum transaction amount is 10,000 oz (13million). It also explains how large amounts of gold can be purchased without really sparking the price to move higher. It seems that GLD is the last place to sack before the whole paper game (unallocated within the GLD) come crashing down.

    http://fofoa.blogspot.com/2011/01/who-is-draining-gld.html

    Slam
     
    Slam, Feb 1, 2011
    #1
  2. Guest

    Guest Guest

    Now all you need is 13 million dollars to buy gold with... and you're set! :)
     
    Guest, Feb 1, 2011
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  3. Willow

    Willow New Member

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    wow, good info Thanks slam.Wher is the best place to track the GLD outflow numbers?
     
    Willow, Feb 1, 2011
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  4. Dabloodymess

    Dabloodymess Active Member

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    Group buy? :D
     
    Dabloodymess, Feb 1, 2011
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