If you haven’t noticed yet, the Gold ETF (GLD) has seen an inflow since the bottom in the gold price. So basically the supply of physical gold going out of GLD is now turning into a demand for physical gold going into GLD.
This will be a bullish event for the gold price.
Although Western people are now buying physical gold once again, the Chinese have backed off in buying as the premiums in Shanghai are now 0%.
So the East and the West keep each other in balance…
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Prox Trade 25% – 400% daily for 50 daysThe Prox Trade was founded with the goal of providing our investors with the most reliable investment offer available. For each of our clients we strive to help create financial stability and security to provide financial independence.ROI 25% – 400% daily for 50 daysInvestment Programhttp://www.proxtrade.net100% Risk Freehttp://www.payinghyiponline.com/proxtrade.html