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<p>[QUOTE=&quot;Zuhara, post: 870615, member: 23099&quot;]Ouch <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie4" alt=":mad:" unselectable="on" unselectable="on" />. Inverse funds can be really dangerous. And I don&#039;t think they improve by being held onto, since they decay over time even if the price action starts to go your way. </p><p><br /></p><p><br /></p><p>&nbsp;</p><p>Isn&#039;t that heresy <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />? Adam Hamilton wrote an article arguing that funds like GLD have moved the price up, and that those who claimed ETFs were being used to suppress the price were physical gold dealers/owners trying to drive people into physical:</p><p>&nbsp;</p><p><br /></p><p>&nbsp;</p><p>I don&#039;t think anyone has spoken to him since <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />. In any case, IIRC my mailbox was flooded with irate rebuttals, and for the past three months incessant propaganda about paper funds vs. physical gold.</p><p>&nbsp;</p><p><a href="http://www.321gold.com/editorials/hamilton/hamilton121409.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.321gold.com/editorials/hamilton/hamilton121409.html" rel="nofollow">http://www.321gold.com/editorials/hamilton/hamilton121409.html</a>[/QUOTE]</p><p><br /></p>

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