04.03.2009 - Gold-backed ETFs on a roll
From Theaureport.com: It was Warren Buffett who said that you learn who’s been swimming naked when the tide goes out. But it is Tyler Mordy who’s pointing out the few swimsuit-clad investment products standing on the shore now that the tide of economic growth has clearly ebbed—and some of them have a golden glow. The ETF industry has ballooned to about $650 billion in assets under management, up from about $70 billion in the year 2000 and a very long way from the first ETF that was launched in Canada in 1993..... Full Article: Source