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When she gave birth to twins, Karson and Madison Fernandez-Geddes, in April 2009, two months after her 45th birthday, the vanity plate on her sport-utility vehicle assumed a new meaning: DBLE GLD no longer referred only to her 1992 and 1996 Olympic doubles titles.
The largest such exchange-traded fund, with the ticker symbol GLD, had its most active day ever on Monday.
While they let small investors buy gold easily — the price of one share of the GLD exchange trade fund is roughly one-tenth the price of an ounce of gold — that same ease of buying means investors can just as quickly sell their shares in a panic.
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The largest of these ETFs, SPDR Gold Shares GLDD), witnessed nearly a 10 metric-ton increase from 31 December to 11 January, to 651.68 tons.
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CEO of Professional Science Editing for Scientists @ prosciediting.com