logicalsinger

SPDR GLD ETF Unloads 79 Tons of Gold - Should Investors Follow Suit?

This selloff is all happening on the margin and is therefore temporary. The holdings of all ETFs probably amount to less than $25 billion, which is very very low. Once the forced liquidation by deleveraging hedge funds is over, the dominant news will be about the continued distress in the financial sector and gold will rise again.