Massive Yet Discrete Accumulation in Gold

A surge in the GLD total assets WA stochastic reveals massive yet discrete accumulation in gold (chart).

Chart:  London PM Fixed Gold and GLD (ETF) Total Assets WA Stochastic


I know many readers and community members are saying "BFD (Big F-ing deal), I've heard this story endless times only to see nothing happen in gold."  All I can say is that the computer has flagged massive accumulation via a significant increase in the net asset value of tonnes in trust since late July (Table). In other words, someone "wants in" and has done so without disturbing the London PM Fixed price; this is an indication of professional accumulation.  Paulson and Soros have been massive buyers of GLD, so this type of quiet action should not be dismissed as meaningless.

Table:  Total Assets WA


If Jim Sinclair proves to be right in that the shorts are now trapped and gold could gap up to $3000 unexpectedly, it won't happen without subtle clues that the majority of the investment community will miss.  What should be even more trouble is that Jim is neither stupid or crazy.


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