GLD is major gold ETF and it has been rumoured that it does not hold the gold it claims it does. Well, CNBC went to London to show GLD holdings. Well, each bar is tracked and has a serial number on it so you can tell the owner. Apparently, the bar held up was not owned by GLD and people are saying this is proof that GLD doesn't have all the gold it claims it does. Here's a link to the article for those interested. It's a blog so I'm not sure how accurate it is but something to think about. Are we to the point where the investment firms and bankers of the world are creating investments that are essentially backed by nothing?