Beyond $3,000 gold: Surging ETF demand and speculator frenzy will fuel the next leg

“Gold-backed ETFs are finally starting to see inflows after years of outflows,” said Chris Mancini, Associate Portfolio Manager of the Gabelli Gold Fund (GOLDX), in a comment to Kitco News. “This is very important because ETFs are the marginal source of demand and supply of physical gold.”

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