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Skol posted "Apart from all the gold stored under the mattresses...

  1. Bingy
    650 Posts.
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    20/04/12
    12:55
    Post #: 10011623
    Skol posted

    "Apart from all the gold stored under the mattresses of the world ETFs alone hold more than 1300 tonnes, that doesn't include Certificates, Accounts or other hybrid products.

    The SPDR Gold ETF alone is currently worth about US$68 billion."

    1300 tonnes of gold is valued at around US$68 billion, so is there just one ETF in the world or have you made a doo doo somewhere...
    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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