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What exchange is going to list a fund that trades an unregulated market? The potential for manipulation is off the charts.
by trotsky 13y ago
What exchange is going to list a fund that trades an unregulated market? The potential for manipulation is off the charts.
- scarletham 13y agoGLD, the largest gold based ETF, holds bullion. Gold bullion trades in the unregulated OTC markets.
- trotsky 13y agoThere are plenty of US regulations that apply to gold: purity, weight standards, futures regulations, security standards, etc. And i'd be pretty surprised if they didn't trade through COMEX or use them or someone similar for clearance or bonded storage.