Outflows from the GLD hit $1B in January and have accelerated in February, now summing to $3.1B...

|By:, SA News Editor

Outflows from the GLD hit $1B in January and have accelerated in February, now summing to $3.1B YTD. Bulls may take heart - the last time the GLD suffered outflows was mid-summer 2012, just ahead of a big rally in gold prices. AUM in GLD was $72B at January's end.