GLD will not deliver gold ‘if delivery is impractical for any reason’

Many gold and silver analysts are extremely skeptical about the gold and silver ETFs GLD and SLV. And if you want to know why, wait until you hear what GLD slipped into their latest financial filing.

Essentially, similar to what the SLV silver trust did back in the midst of the silver squeeze last February, GLD added a clause that says that it won’t actually deliver the gold it claims to hold ‘if delivery is impractical for any reason.’

Which of course basically invalidates the entire concept of the trust.

But to find out what´s going on, as well as to hear the latest silver and gold news, click to watch this video now!