IKN

Every why hath a wherefore

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.

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.