saucy doubts and fears

Gold bullion holdings in GLD, 2016 to date

NB: Please note the cut down Y-axes used in these charts, done to highlight the changes, not to try and fool you.
Here’s 2016 to date in gold bullion holdings in GLD, the world’s biggest gold ETF:

Here’s the last month isolated, from the same dataset:
Yesterday came as a relief for bulls.

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