Stock Traders Flock Back To Gold
By Adam Hilton
Summary
- American stock investors and speculators started pouring capital back into gold this week in a serious way, aggressively buying GLD ETF shares.
- This buying was so massive that GLD had to shunt enough stock capital into physical gold bullion to grow its holdings by their fastest pace in about 5 years.
- And this is likely just the beginning, as American stock investors remain woefully underinvested in gold and not prudently diversified.