29.09.2010 - Gold ETP assets may gain up to 20pct, ABN Amro’s Schubert says
From Bloomberg: Gold holdings in exchange-traded products may climb between 10 percent and 20 percent for each of the next two years, said Gerry Schubert, head of precious metals at ABN Amro Markets (U.K.) Ltd. Bullion held via 10 ETP providers reached a record 2,089.74 metric tons on Sept. 22, data compiled by Bloomberg shows. That almost equaled the combined official reserves of China and Switzerland, based on figures from the World Gold Council..............................................Full Article: Source
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