Gold ETF Holdings Rise For Record 40 Straight Days

Yesterday marked the 40th day in a row that total known holdings of Gold in ETFs rose. Not since January 6th has the precious metal seen a reduction in holdings. This is the longest streak of increased holdings since ETFs were born...

 

It seems, despite exuberant equity bounces, reassurance about the awesomeness of the "jobs" recovery, and Fed confidence-inspiring jawboning that more than a handful of 'goldbugs' are hoarding the pet rock.

 

Charts: Bloomberg