It seems da boyz in NY are shuffling around those same the 3 gold bars again.

Regards - VHF

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What's Going On With GLD Inventory?

Tim Iacono

November 6, 2009

One of the surprising developments related to the recent move up in the gold price (that is, aside from India beating China to half the IMF's stash) is that there has been nary an addition to the SPDR Gold Shares ETF (NYSEArca:GLD), the world's most popular gold ETF.
After a huge run-up early in the year, a move that was widely believed to have supported the price increase at the time, inventory is now actually below the level seen in April when the yellow metal sold for some $200 or more less.