Weisbruch notes inflows to gold ETFs remain subdued, but it could just be a matter of time before that changes.
“The only missing piece thus far is massive inflows in any of the aforementioned products, as we simply have not yet seen larger creation activity that typically accompanies gigantic volume swells (and price surges) like we are seeing today, but we underscore the word ‘yet,’ he said.
From June 2nd through June 18th, GLD lost about $100 million while investors pulled nearly $13 million from SLV. [Investors Stick With Silver ETFs]
SPDR Gold Shares
Tom Lydon’s clients own shares of GLD and SLV.