Rising Gold “Triggers Re-Entry” as Commodities Leap, Emerging-Market Demand “Sol
posted on
Jan 05, 2010 09:55AM
Snip:
“Reviewing 2009, O’Connell says cumulative investment flows into the world’s major Gold ETF trust funds “netted out” at $16.9 billion last year.
Bond funds meantime saw global inflows of $158bn according to analysts EPFR. Emerging-market equity funds received $64.5bn.
Latest data from the London Bullion Market Association (LBMA) meantime show daily turnover in the professional wholesale market hitting a 6-month high in November, with the value of wholesale dealing (both in physical and also in “unallocated” credit accounts) rising to its strongest level since Jan. 2008.”
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