ETF physical holdings going to the East
derryb
Posts: 36,824 ✭✭✭✭✭
Asia buying up EFT physical sales as ETF holdings decrease
So what happens to the gold price if and when ETF demand picks up and the ETFs are scrambling to replenish their holdings? Don't look for them to get it back from Asia, the Asians will likely be buying more. Could this compound an increase in prices? Most likely.
So what happens to the gold price if and when ETF demand picks up and the ETFs are scrambling to replenish their holdings? Don't look for them to get it back from Asia, the Asians will likely be buying more. Could this compound an increase in prices? Most likely.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
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Sorry.
If demand exceeds supply, the price rise.
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