*BLACKROCK SAYS ISSUANCE OF GOLD TRUST SHARES SUSPENDED DUE TO DEMAND FOR GOLD

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GRIM REAPER

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*BLACKROCK SAYS ISSUANCE OF GOLD TRUST SHARES SUSPENDED DUE TO DEMAND FOR GOLD

in response to

17.4 MILLION OZ OF SILVER STANDING FOR DELIVERY

GRIM REAPER

posted on Mar 04, 2016 10:07AM

BlackRock's Gold ETF (IAU) has seen fund inflows every day in 2016 (no outflows at all) and with the stock trading above its NAV for most of the year, the world's largest asset manager has made a significant decision:

*BLACKROCK SAYS ISSUANCE OF GOLD TRUST SHARES SUSPENDED DUE TO DEMAND FOR GOLD

It appears the huge demand for physical demand is finally catching up with the manipulation of paper prices.

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