Financial Crisis Gives Investors More Reasons to Love Gold

US investors—both retail and professionals—poured $3.6 billion into gold exchange-traded funds funds last month, quadruple the $813 million in October, according to numbers crunched by research firm Birinyi Associates.

It also was double the $1.7 billion placed in the second biggest ETF category by inflows, investment grade corporate bonds.

Investors are betting that inflation could heat up as many countries cut interest rates—essentially devaluing their currencies—and Europe gets set to inflate its way out of its credit crisis...more