What’s more, the emergence of the gold exchange traded funds (ETFs) has put a huge portion of the gold market in a very small number of hands. If the ETFs sell…who will they sell to? Or more succinctly, a lot of the gold demand is coming from a few institutions. If other institutions (central banks and sovereign wealth funds) don’t pick up the slack, there will be more sellers than buyers and prices will fall.
October 7th, 2009 | Dan Denning | 3 comments | ContinuedAll Posts Tagged With: "etfs"
When Will Gold Take Off?
Although gold’s had a good run, rising from a monthly average of $760.86/oz in November 2008 to $943.16/oz in February 2009, when will it take off? That’s still going to happen, right?
April 8th, 2009 | Jeff Clark | 0 comments | Continued
ETFs Are Now Available in Australia
Yesterday we had our monthly editorial meeting at the Old Hat Factory. Former DR hand Kris Sayce brought up the fact that ETFs are now available in Australia. “Maybe that is something investors who are not doing so hot in Super should check out.” We agree. ETFs cop it from critics for being too simplistic. We’ve heard more than one stock picker say that ETFs are lazy…
July 16th, 2008 | Dan Denning | 1 comment | Continued
