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Jan Skoyles: ETF outflows signify paper gold's end and real metal's ascent
9:15p ET Friday, July 26, 2013
Dear Friend of GATA and Gold:
Far from the end of the bull market in gold, outflows from gold exchange-traded funds likely signify the market's transformation from paper to physical and from West to East, with Asia gobbling up whatever the West unloads and a lot more. That's the conclusion of The Real Asset Co.'s research director, Jan Skoyles, whose excellent new report, "Do ETF Outflows Mean the End of the Gold Bull Market or Just the End for Paper Gold?," is posted at The Real Asset Co.'s Internet site here:
http://therealasset.co.uk/etf-outflows-gold-market/
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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