Who Dropped $1B on Gold in a Single Trade? 'Something Big is Coming': Eric Yeung
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Who Dropped $1B on Gold in a Single Trade? 'Something Big is Coming': Eric Yeung
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Eric Yeung sees a multitude of signs that the world is slowly but surely remonetizing gold, and a recent trade of $1 Billion in the GLD ETF is another symptom of big money behind the scenes preparing for a future where gold's role as money becomes more and more apparent. On the silver side, Eric points out that the Saudi central bank has now taken a large stake in the SLV ETF, one of the first forays by a central bank into the silver space, a trend he sees continuing up ahead.
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