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<p>[QUOTE=&quot;Cloudsweeper99, post: 904572, member: 3011&quot;]It isn&#039;t arrogant or naive.&nbsp; None of it is sourced with even a tiny bit of evidence.&nbsp; You linked an article written by someone called Eric deCarbonnel who quotes someone called Michael Pennington who &quot;believes&quot; the ETFs are scams without providing one single shred of evidence. Do you even know who either of these people are?&nbsp; You should at least require someone to provide evidence or analysis to support their opinions before you choose to believe them.&nbsp; So it becomes a matter of whether you want to believe the major financial institutions and regulatory agencies, or some character named Michael Pennington.&nbsp; In the case of Eric deCarbonnel, this is the same guy who is looking for investors for his venture into Russian agriculture as protection against the next financial meltdown.&nbsp; If you think highly of him, you may want to send him your money.&nbsp; YOU can believe who you want.&nbsp; I just want others to know you posted complete garbage.</p><p><br /></p><p>Edit:&nbsp; Here is the GLD gold bar inventory list in case you want to do some real analysis. <a href="http://www.spdrgoldshares.com/sites/us/gold_bar_list/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.spdrgoldshares.com/sites/us/gold_bar_list/" rel="nofollow">http://www.spdrgoldshares.com/sites/us/gold_bar_list/</a> It also has the audit report which your source claims was not done.[/QUOTE]</p><p><br /></p>

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