Now we just need to identify an automated trading algorithm that can do the following:
Calculate the average price of BTS normalized across all assets (weighted) and then sell the assets above the average and buy the ones below. This trading engine should be open source and throughly reviewed.
I think we should discuss potential algorithms and try it out. If things work as I expect then the ratio of BitGLD to BitUSD to BitSLV should mirror the real world ratios and any discrepancy should indicate a buying or selling opportunity.