Gold ETFs vs. Fort Knox

February 10, 2009 | By: Paul Kedrosky

Okay, okay, that's an exaggeration -- but only slight. Fort Knox purportedly contains 4,176 metric tons of gold, which is a little more than three times the amount currently held by gold ETFs. But at the current rate of increase there will be more physical gold held by said ETFs than by Fort Knox sometime in 2012. It's something Auric would have wanted to know.

[via FT]

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