Gold ETF Inventory Increasing at Record Pace

Here’s a different way to look at the seventh largest (and fastest growing) gold holdings in the world – month by month since the fund was started back in late-2004.
Aside from the initial purchases to start the ETF, those three circled periods are the fastest three-month rates of increases in gold inventory and it doesn’t take a rocket scientist to see what happens to the gold price during and after these periods.