Bob Pisani: What Happens To Gold ETFs During Selloff
Apr 16, 2013 at 3:00 AM
DailyBail in bob pisani, cnbc, cnbc video, cnbc video, etf, gld, gold, gold, gold collapse, gold etf, gold price
Pisani on today's gold selloff and redemptions at ETFs.
Who will be the marginal buyer in gold? Here's a hint.
If the Fed needs to buy several hundred tons of gold to eventually send back to Germany, they would certainly benefit from today's lower prices, wouldn't they.