- According to Bloomberg, holdings in gold-backed ETFs have declined for 28 straight days - the longest such streak since 2004.
- The price of the metal, of course, has slumped alongside - from $1,300 per ounce to the current level of $1,133 (unchanged on today's session).
- Also alongside, stocks, interest rates, and the dollar have moved sharply higher.
- The rally in "risk-on" assets may just be getting started, says Ray Dalio.
- ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GTU, UGLD, GLL, DZZ, GLDI, OUNZ, DGL, DGZ, DGLD, GYEN, GEUR, UBG, QGLDX