06 Mar 2013 Exchange-traded funds dumping gold holdings at rapid rate The sell-off is partly a reflection of broader negative sentiment towards gold, as investors become more confident in the global economy and put their money into riskier assets such as equities.
Dataroma's opinion:
"Riskier assets" ? So equities which in aggregate have actual underlying earnings, which grow over time with the economy, are deemed riskier than gold which has zero earnings ( in fact negative earnings considering commissions ) and whose only source of value is what the next guy is willing to pay for it! What nonsense.