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overtheedge
Member since May 2012
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Death Of Paper Gold Picks Up Speed BIG TIME Today

- Steve St Angelo - SRSRocco Report

Might this be the same Blackrock that hired former CEO Ortega that was ousted from Abengoa Bioenergy?
And the same Blackrock that perhaps had insider info on the state of Abengoa's finances and placed a monster of a short?
Blackrock did in fact hire Mr. Ortega just weeks before Abengoa hit the skids and supposedly Blackrock was an investor in Abengoa.
Perhaps, just if, this Blackrock gets an invitation to appear in court, it might need to carefully shepherd its money and re-task its lawyers.
Just in case.

Commented 2968 days ago

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Beginning of the headline :The Death of the paper gold market picked up speed today as Blackrock’s Gold IAU ETF announced that issuance of new shares was suspended. However, it’s much worse than the information in news release when we factor in the total supply and demand situation. According to the article on Zerohedge, BlackRock Suspends ETF Issuance Due To “Surging Demand For Gold”: BlackRock’s Gold ETF (IAU) has seen fund inflows every day in 2016 (no outflows at all) and with the stock trading above its NAV for mos... Read More

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