By Tim Iacono (Guest Post)

Don’t look now, but the holdings of the SPDR Gold Shares ETF (NYSE:GLD) are now within shouting distance of the all-time high set back in June of last year, some 24 tonnes added to the trust on Aug. 8, with a net addition of more than 100 tonnes over the last month. Of course, the Bank of China has also probably purchased 100 tonnes or more in the last month – they just won’t tell anyone about it until about 2014 or so. As for silver, it appears to be parting ways with the yellow metal and, based on the plunging premiums being paid over at the Sprott Physical…

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