October 20, 2012 Max Pain for GLD is $167 and for SLV it is $31.

Funny how that works isn't it?

In my opinion. these ETF's are unethical tools of manipulation that should never have been allowed.

The ETF's have made it even more impossible to determine what the true price of an ounce of PHYSICAL Gold or Silver should be. We have a price based far more on paper trading than on physical metal supply/demand dynamics.

In addition, they have sucked huge capital away from quality mining companies.