In what I deemed the week's biggest news for bullion enthusiasts, commercial bank JP Morgan will begin acting as co-custodian for the world's largest unsecured gold ETF, typically called by its ticker symbol GLD.
You can read what the financial establishment at Reuters had to say on GLD now having two commercial bank custodians with an article written by Peter Hobson. So now JP Morgan will not only be the custodian for the world's largest unsecured silver ETF slush fund called SLV, but it will also become a major overseer of the world's largest unsecured gold ETF too.
