South Africa police standoff with illegal gold miners escalates
The police sealed off access to the Buffelsfontein gold mine in Stilfontein several weeks ago to deny the miners access to food and other essentials.
While commodities ETFs – led by precious metals funds like the SPDR Gold Trust (GLD) and the iShares Silver Trust (SLV) – are hot, currency ETFs are even hotter.
Flows into 38 U.S.-listed currency ETFs this year stood at $2.2 billion through last week, according to a new review of fund flows by ConvergEx Group.