What Activity in Gold ETFs Says About the Precious Metal

After a rather disappointing 2015, gold has been a very shiny investment lately. The global economic slowdown and plethora of disappointing data has many investors concerned that we’re finally on the verge of a major bearish correction. Since the beginning of 2016, gold has shot up from under $1,100 per ounce to above $1,225 per ounce – more than 11% in six weeks.