As gold has soared close to $1,900 an ounce on market turmoil in recent weeks, the SPDR Gold Shares exchange traded fund GLD, has passed the SPDR S&P 500 SPY to become the largest ETF measured by net assets.
Net assets in the gold fund Friday were $76.7 billion vs. $74.4 billion in the S&P 500 fund, according to data from State Street Global Advisors.
[click on the image for a larger version]
Related Reading – Solari Special Report
GLD and SLV: Disclosure in the Precious Metals Puzzle Palace
By Catherine Austin Fitts and Carolyn Betts
