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New Chinese ETPs poised to further boost gold demand

Posted on 19 September 2013

After speculation that the US Federal Reserve would rein in its asset-purchasing program earlier than anticipated, Western investors began exiting gold-back exchanged-traded funds (ETFs) in record numbers, highlighted by $8.7 billion in net outflows during April.
While the languishing paper-gold market has many declaring the gold trade dead, demand for bullion has never been greater, as buyers have focused on the big picture that includes endemic debt levels and unsustainable money-printing schemes………………………………………..Full Article: Source


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