26.11.2010 - Retail buyers part of gold rally: WGC
From Kitco News: Stories about gold buyers tend to focus on big names like John Paulson or George Soros, which suggest the little guy is sitting on the sidelines as the yellow metal rallies to all-time highs. That’s not necessarily the case. The retail investor makes up an estimated 60% to 70% of the SPDR Gold Trust exchange-traded fund, said Jason Toussaint, managing director, U.S. and investment for the World Gold Council. He is also chief executive officer of World Gold Trust Services, the sponsor of SPDR Gold Shares. The shares trade under the ticker symbol GLD..............................................Full Article: Source
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