| Another gold ETF needing to be fed with copious amounts of physical gold bodes well for the demand side of the gold equation. With $483 million raised in January the Chinese have signaled their support for such a product, so coupled with increasing demand for the metal of Kings, it will be worth watching how this one performs.
The rise of the ETF as a investment/trading vehicle has been phenomenal and if the Chinese get the ‘bug’ then there is telling just how large this ETF could become..............................................Full Article: Source
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