Profile and commentaries of Sam Maher
Sam Maher
Member since October 2016
Followed by 0 memberFollows 0 member
15 commentaries, with 0 Reply
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Average Note : 100 / 100 for 4 rated commentaries  6  0 
Last commentary posted on Wednesday, July 12, 2017
 
 Profile Commentaries Followed By Following 
 Bullion Vault
Gold Prices Rally 1.5, 'Long Liquidation Done' But Investors 'Uninterested' as SLV Grows Again  (2)
"Shareholdings in the giant GLD gold ETF meantime stayed unchanged at Monday's 3.5-month low, needing 832 tonnes of bullion backing – equal to 26% of 2016 global mine output."

I always see you make these claims but I still have not seen any verifiable evidence to support any of these claims. How reliable are GLD's holding reports? GLD does not give retail investors the right to redeem for any of its mys...
7/12/2017 at 10:14 PMPermalink
 Bullion Vault
Gold Price Cuts Post-UK Election Loss, ETF Investors Sell, Nasdaq Down 2 Weeks Running  (1)
"the SPDR Gold Trust (NYSEArca:GLD) – saw its sharpest liquidation since March in the week-ending Thursday, with shareholders cutting the fund's size by 13.3 tonnes from a 6-month high above 866 tonnes."

I always see you list this data but I don't know how much I'd trust it. How reliable are GLD's holding reports? GLD does not give retail investors the right to redeem for any of its mystery physical gol...
6/16/2017 at 10:18 PMPermalink
 Bullion Vault
Gold Bullion +2 for Week vs Falling Dollar as Trump's Troubles Spread to Turkey  (2)
"Giant gold-backed ETF the SPDR Gold Trust (NYSEArca:GLD) in fact shrank Thursday as stockholders liquidated shares, reducing the amount of bullion need to match its value by 1 tonne to one-month low at 850 tonnes."

Once again, I see these claims being made here but I still have yet to see any verifiable evidence to support any of these claims. How reliable are GLD's holding reports? GLD does not give r...
5/19/2017 at 11:07 PMPermalink
 Bullion Vault
Trump 'Witchhunt' Sees Gold Price Pop $30 Below 'Game Changing Level'
"giant gold-backed ETF fund the SPDR Gold Trust (NYSEArca:GLD)"

This is questionable at best. Paper gold GLD claims to be fully backed by physical gold bullion but yet it refuses to give retail investors the right to redeem for any of these ‘claimed’ gold bullion. This fact alone would mean GLD shares are nothing more than paper at the end of the day. Furthermore, GLD’s prospectus is chalk full of wease...
5/18/2017 at 10:28 PMPermalink
 Bullion Vault
Trump 'Witchhunt' Sees Gold Price Pop $30 Below 'Game Changing Level'
"giant gold-backed ETF fund the SPDR Gold Trust (NYSEArca:GLD)"

This is questionable at best. Paper gold GLD claims to be fully backed by physical gold bullion but yet it refuses to give retail investors the right to redeem for any of these ‘claimed’ gold bullion. This fact alone would mean GLD shares are nothing more than paper at the end of the day. Furthermore, GLD’s prospectus is chalk full of wease...
5/18/2017 at 10:28 PMPermalink
 Bullion Vault
Gold Price Rallies $10 But 'Targets $1200' as Trump Sacks Comey, N.Korea Prepares Nuclear Test  (2)
"Shareholdings in the giant SPDR Gold Trust (NYSEArca:GLD) remained unchanged, needing 851 tonnes of bullion backing."

Once again, I see you making these claims but I still have not seen any verifiable evidence to support any of these claims. How reliable are GLD's holding reports? GLD does not give retail investors the right to redeem for any of its mystery physical gold holdings. This fact alone ensur...
5/10/2017 at 9:43 PMPermalink
 Bullion Vault
Gold Bullion Hits 2-Month Low, Silver Below Pre-Brexit Price in Euros, Sterling But SLV ETF Solid  (1)
"Giant exchange-traded fund the SPDR Gold Trust (NYSEArca:GLD) ended Monday needing less than 852 tonnes of bullion backing, with a small drop equal to 0.1% of the ETF's investor interest marking the first change in 8 trading days."

I keep seeing these numbers being thrown around here but I don't know how much I'd trust these numbers. How reliable are GLD's holding reports? GLD does not give retail inve...
5/9/2017 at 11:21 PMPermalink
 Bullion Vault
Gold Prices Slip $10 After Breaking Downtrend as UK's May Seeks Brexit Mandate, N.Korea Threatens US
"That left the GLD gold ETF needing a 2017 high of 849 tonnes in bullion backing."

I frequently see you make these claims on GLD's holdings but I still have not seen any verifiable evidence to support any of these claims. How reliable are GLD's holding reports? GLD does not give retail investors the right to redeem for any of its mystery physical gold holdings. This fact alone ensures the GLD shares to ...
4/18/2017 at 8:54 PM  3  0  Rating :  3 Permalink
 Bullion Vault
Silver 'Undervalued' vs Gold as Dollar Jumps on US Jobs in Trump Rally 'Part 3'
"The GLD has added metal only twice since Donald Trump's victory in November's US election, shrinking instead on 33 of those 51 trading days as shareholders liquidated their positions."

I am very skeptical of any data pertaining to GLD's holdings. Paper gold GLD claims to be fully backed by physical gold bullion but yet it refuses to give retail investors the right to redeem for any of these ‘claimed’ g...
2/2/2017 at 10:42 PMPermalink
 Bullion Vault
Gold Bullion's Rally Fails to Grow GLD Yet Again as UK Supreme Court Confirms Article 50 Ruling on Brexit
"The GLD has now shrunk by almost one-fifth after swelling to a 3-year record immediately after the UK's Brexit referendum result in June 2016."

I keep seeing you reference GLD's holdings data but I still have yet to see any substantial evidence to support this data. How reliable are GLD's holding reports? GLD does not give retail investors the right to redeem for any of its mystery physical gold holdin...
1/25/2017 at 11:01 PMPermalink
 Bullion Vault
Wholesale Gold Bars +4.6 in 2017, Repeat Last 3 Januarys Even as GLD Shrinks
"the GLD shrank by 68 tonnes in December according to data compiled and released Tuesday by market-development organization the World Gold Council."

I always see Bullion Vault list this data but I've yet to see any substantial evidence backing this data up. How reliable are GLD's holding reports? GLD does not give retail investors the right to redeem for any of its mystery physical gold holdings. This f...
1/10/2017 at 9:57 PMPermalink
 Bullion Vault
Silver Bullion Falls Harder Than Gold Price 1st Week in 4, 'Big Risk' of More ETF Selling
"The largest bullion-backed ETF, the SPDR Gold Trust (NYSEArca:GLD), yesterday shrank by another 7 tonnes – just less than 1 day's global gold mining output."

I keep seeing you make these claims but I don't know how much I'd trust them. How reliable are GLD's holding reports? GLD does not give retail investors the right to redeem for any of its mystery physical gold holdings. This fact alone ensures the...
12/19/2016 at 11:47 PM  1  0  Rating :  1 Permalink
 Bullion Vault
Gold Prices Sink Back to Feb', Silver -7.5 as US Fed Sees 3 2017 Rate Hikes, Bond Yields 'Break 35-Year Downtrend'
"Giant gold-backed investment fund the SPDR Gold Trust (NYSEArca:GLD) shrank Wednesday by the equivalent of almost one day's entire global gold-mining output, retreating as shareholders liquidated to the smallest size since mid-May at 849 tonnes."

This is questionable at best. Paper gold GLD claims to be fully backed by physical gold bullion but yet it refuses to give retail investors the right to redee...
12/15/2016 at 8:22 PM  1  0  Rating :  1 Permalink
 Bullion Vault
Gold Prices Steady After Worst 1-Week Drop Since 2014, China's Yuan Cut to 6-Year Low
GLD seems a bit shady.
10/10/2016 at 7:01 PMPermalink
 Bullion Vault
Gold Prices Steady After Worst 1-Week Drop Since 2014, China's Yuan Cut to 6-Year Low
"The world's largest gold-backed ETF, the SPDR Gold Trust (NYSEArca:GLD), rose 1.2% to 958.90 tonnes last Friday."

How reliable are GLD's holding reports? GLD does not give retail investors the right to redeem for any of its mystery physical gold holdings. This fact alone ensures the GLD shares to be nothing more than paper at the end of the day. GLD also has a glaring audit loophole in their prospectus...
10/10/2016 at 7:01 PM  1  0  Rating :  1 Permalink