In your interest.
Online Personal Finance Magazine
No beating about the bush.
PetroChina Co won the approval of the Canadian government for its C$1.9 billion ($1.8 billion) bid to buy a stake in two Alberta oil-sands projects, its biggest North American acquisition. Chinese oil companies have spent at least $13 billion on overseas assets since December last year as they take advantage of lower valuations caused by the economic slowdown.
According to the latest available figures for the holdings in the major gold ETFs show that cumulative daily investment flows over the year netted out at $16.9 billion. Although we do not have all the figures up to the end of the year, the value of the gold content in the funds was approximately $61.3 billion, a gain of 84% over the year, reflecting an increase of 565 tonnes and a net price rise of $213/ounce.