Hi all, thought this may be of value to some posters here. Many of you are probably in the know in regards to GLD and SLV but below is a snippit out of Ed Steer with the link to the GATA site.

Deno G.

Here's a GATA release from yesterday that bears the headline "Doubts about gold ETFs broadcast today on two major networks". As you know, dear reader, I'm no fan of either GLD or SLV. They may actually have all the gold and silver they say they do... BUT first of all, there's no way to prove it, as there are never any public audits... and the two custodians, JPMorgan and HSBC USA, are the two biggest gold and silver shorts on the Comex. If that isn't conflict of interest in spades, I don't know what is... and it's never disclosed to all the GLD and SLV unit holders, either. These things alone should have you running to all the ultra-transparent bullion funds that actually do have the physical metal... and can prove they have it. The link to the story is here.