SPDR Gold Trust (the Trust), formerly StreetTRACKS Gold Trust, is an investment trust. The Trust holds gold, and from time to time, issues SPDR Gold Shares (Shares) in Baskets, in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. A Basket equals a block of 100,000 Shares.
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Since the Gold-Standard was removed the whole thing is a SHAM!! But as the dollar weakens and we post-pone the inevitable, gold should be strong. Don't forget that at one point the government requested all citizens to return their gold, or face punishment. What a SHAM!! As the INDIANS ( AMERICAN) about JUSTICE!! KROM