Imagine gold’s price if any of this cash had gone into actual metal
Gold ETF Swells To Pass $50 Billion Milestone
By Carolyn Cui
The Wall Street Journal
Tuesday, June 29, 2010
http://blogs.wsj.com/marketbeat/2010/06/29/gold-etf-swells-to-pass-50-bi…
Amid all the market doom and gloom, the world’s largest gold fund is quietly celebrating another major milestone: SPDR Gold Shares, an exchange-traded fund backed by physical bullion, has recently surpassed $50 billion in assets.
Driven by concerns over the euro [...]