Physical Gold vs. Paper Gold: The Ultimate Disconnect
How can we explain gold dropping into the $1,300 level in less than a week?
Here are some of the factors:
George Soros cut his fund holdings in the biggest gold ETF by 55% in the fourth quarter of 2012.
He was not alone: the gold holdings of GLD have contracted all year, down about 12.2% at present.
Read More: http://economicrisis.com/physical-gold-vs-paper-gold-the-ultimate-disconnect/5756