One can almost say gold investment is going parabolic...
Regards - VHF
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Yousa! Nine Hundred Tonnes!
Tim Iacono
February 11, 2009
What's an even bigger Yousa! is that the Yousa! for the 800 tonne mark came just three weeks ago. The SPDR Gold Shares ETF (NYSEArca:GLD) added another 40 tonnes today and a total of more than 150 tonnes since the first of the year.
Maintaining this pace, that would be more than 1,300 tonnes added to the world's most popular gold ETF in 2009 versus just a few hundred tonnes during each of the last few years.