Wikinvest Wire

Yousa! Nine hundred tonnes!

Wednesday, 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.
IMAGE 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.

Full Disclosure: Long GLD at time of writing



Anonymous said...

I would like to know who sold 40 tones of gold in a single day. Looks strange to me.

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