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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: We are not the only ones watching the pm ETFs

We are not the only ones watching the pm ETFs

posted on Feb 12, 2009 01:45PM

These numbers are huge. Who is the buyer? Sovereign Wealth Funds? Pension Funds? Hedge Funds? Cartel? All of the above. I hope the regulators are on top of this one. There is not enough Gold above the ground to meet this demand IF GLD IS LEGITIMATE.

06 Feb 2009

27,881,022.07

867.19

25,453,719,825.83

09 Feb 2009

28,353,034.67

881.87

25,373,481,387.18

10 Feb 2009

28,766,041.84

894.72

26,167,139,271.04

11 Feb 2009

30,064,054.34

935.09

28,197,020,005.48

***Garic just informed us GLD added another 35 tonnes to bring the new record total to 970.57 tonnes.

Australia’s Nick Laird sends us a superb graphic on the same note with a bigger picture view of growing demand for "flight to quality" gold…

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