Shanghai Metals Market/8-6-2016
“The bank issued research on all commodity investments through the first seven months of the year, reporting combined inflows of nearly $8 billion during the last two months, taking year-to-date inflows to $50.8 billion, the strongest January-July tally since 2009. This, along with price appreciation, have pushed assets under management for all commodities to a 13-month high of $235 billion, well up from $161 billion at the end of 2015, Barclays said.”
MK note: Strong showing. Further indication of institutional and fund money moving in gold’s direction.
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