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Investors in ETFs and similar products push their gold holdings worldwide to a new all-time...

Investors in ETFs and similar products push their gold holdings worldwide to a new all-time record of more than 83M oz. SPDR Gold Trust (GLD) entrenches its position as the second-biggest of all U.S. ETFs with more than $75B in assets, behind only the SPDR S&P 500 ETF’s (SPY) $105B. GLD ranks third in 2012 asset inflows, with $5.2B; inflows for iShares Gold Trust (IAU) totals $2.4B.
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Comments (2)
  • howard109
    , contributor
    Comments (19) | Send Message
     
    Does any one know anything or have any serious thoughts about the government confiscating gold ? I heard rumblings that with QE the dollar value will drop and only gold will have worth. It happened before .Will history be repeated? Will we go back to the 1930s?
    26 Nov 2012, 02:21 PM Reply Like
  • cullison9
    , contributor
    Comments (4) | Send Message
     
    No,we may be facing a high tech version of the Dark Ages
    27 Nov 2012, 08:06 AM Reply Like
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