Gold ETF Calls Surging Most Since U.S. Lost AAA

Bloomberg reported that calls for gold ETFs have increased the most since early August 2011.

As quoted in the market news:

Calls to buy the SPDR Gold Trust outnumber puts to sell by 1.5-to-1, the most since Aug. 8, data compiled by Bloomberg show. The gap, the third-widest in more than a year, has risen 6.5 percent this month, with ownership of June $220 calls showing the biggest increase.

Click here to read the full Bloomberg report.