BBG Analysis: US Buying Just Getting Started

Late to the Party: Asian buyers will no doubt be pleased they took the lead from their central banks sooner.

As Latecomers To Gold Rally, American Investors Might Drive The Barbarous Relic To New Extremes

Authored by Simon White, Bloomberg macro strategist, via ZH Prem

A year after China and other mainly Asia-based retail investors in ETFs ramped up their gold purchases, buying of US gold ETFs has picked up too. Retail demand can often mark the last stage of a b…