Welcome To The 300 Club HUB On AGORACOM

We may not make much money, but we sure have a lot of fun!

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Message: Is gold a buY?

Smart money always says buy assets of value when they are out of favour. 

Assets under management, August 22, 2011…
Gold ETF: $77.5 billion (largest ETF in the world)
S&P 500 ETF: $76.5 billion
Assets under management, Today…
Gold ETF: $29.2 billion
S&P 500 ETF: $275 billion (largest ETF in the world)

 

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