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Written by McClellan Financial
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Monday, 15 August 2011 01:00 |
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....pulls Money into Gold ETFs

The "flight to quality" mood that has pushed gold up to $1800 in August 2011 has caused a lot more people to get interested in gold. And it has sucked a lot of money into GLD and IAU, the two biggest gold bullion ETFs. When we see a big surge of assets invested in these ETFs, it can be a useful indication of invesetor sentiment about gold generally.
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