Gold ETFs hold about 2,263 metric tons of physical metal valued at about $107.4 billion, according to Bloomberg, equal to about nine months of mine supply.
GLD controls about 1,069 metric tons valued at $50.5 billion.
John Paulson’s hedge fund firm Paulson & Co. was the largest GLD shareholder at the end of 2012, according to regulatory filings. Paulson recently told investors he is staying the course on gold although he expects more volatility in the short term. [Gold ETFs Shed $36 Billion on Outflows, Price Slump]
Sentiment chart source: Kimble Charting Solutions
SPDR Gold Shares
Full disclosure: Tom Lydon’s clients own GLD.