The only real negative implications of this article suggest that if the US Stock market makes another dive, investors may once again sell off GLD faster than any decline in bullion prices, which in turn, would force GLD to sop up shares of GLD and sell off some of their gold holding - thus making gold bullion go down even more. Although this drop in gold prices may only be temporary, it will in fact, increase the volatility in gold prices. On the other side of the equation is when gold prices go up faster than GLD's price - this forces GLD to issue additional shares and that requires GLD to buy more bullion - thus forcing an acceleration in gold prices to the upside.