Something To Keep An Eye On!

Word is out that China's four largest banks: The Bank of China; The Industrial and Commercial Bank of China; The China Construction Bank, and The Agricultural Bank of China are planning to introduce a new gold ETF on mainland China sometime in the very near future.

These are huge institutions, and when China's new gold ETF debuts, there will likely be a mad rush by millions of Chinese investors who could find it difficult to buy the needed gold all at once.

So what does this mean to you if a portion of your portfolio has been invested in gold in the form of GLD - the gold ETF for instance? It means that your investment in gold is doing just fine, and if anything, this is going to be a time to buy even more!

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