SPDR Gold ETF Posts First Weekly Inflow In 9 Months

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Source: http://online.wsj.com/article/PR-CO-20130820-905061.html

This trend first struck China, then India, and now Indonesia is in the crosshairs too (see all the Asia-Pacific Emerging ETFs ). Indonesia Sell-Off in Focus Indonesian stocks experienced a massive sell-off in Monday trading with the Jakarta stock exchange plunging by 5% in the session. The nation’s currency also tumbled, pushing the rupiah to multi-year lows against the U.S. dollar. The reason for this latest sell-off stems from the country’s growing current account deficit as exports decreased yet again. It doesn’t help that many of the country’s top exports are commodities that have fallen out of favor, including 25% losses in price for coal and palm oil since the end of 2011, according to Bloomberg .
Source: http://www.nasdaq.com/article/indonesia-etfs-in-crash-territory-on-currency-woes-etf-news-and-commentary-cm268584

The Market Vectors Gold Miner ETF Is A Lousy Way To Bet On Gold

Boy was it miserable! This first chart looks at the total GLD bullion holdings in metric tons superimposed over the gold price. GLD has always been extraordinarily transparent, publishing its total bullion holdings daily right down to the long list of serial-numbered individual gold bars. GLDs holdings offer a fantastic window into stock-trader gold sentiment, showing when American stock-market capital is flowing into or out of gold. For fully 8 years after its inception, which conspiracy theorists went apoplectic over, GLD was hugely beneficial for the secular gold bull. Stock-market http://www.etftradingsignals.com/ investors and speculators alike bought GLD shares faster than gold was being bought, their capital literally flowing into this ETFs underlying gold bullion as its custodians kept issuing new shares to maintain price tracking.
Source: http://markets.financialcontent.com/stocks/news/read/24917502/The_SPDR_Gold_Trust_ETF_

The SPDR Gold Trust ETF (GLD) Exodus Is Reversing

The $316.8 million EPU has tumbled over 26% this year, putting it firmly in bear market territory, due to a plunging sol and sliding precious and industrial metals prices. Peru entered 2013 on a high note, bolstered by expectations the country would be South Americas fastest-growing this year. Indeed, the country posted first-quarter GDP growth of 4.8%, which sounds nice, but is not compared to the 5.9% growth clip seen in the fourth quarter. [ Plunging Metals Prices Victimize Peru ETF ] Perus status as the worlds largest silver-producing country and a major gold and copper producer has done more harm than good to EPU this year.
Source: http://finance.yahoo.com/news/despite-weak-sol-peru-etf-122019966.html

Notable ETF Outflow Detected – IWS, SRE, STI, PPL

Another reason that the GDX is a lousy way to play rising gold prices is the fact that there are several companies that mine other metals. Many of them have a lot of copper and silver exposure. Furthermore there are several companies that are predominantly silver mining companies While many people who are bullish on the gold price will also be bullish on the silver and copper prices, there are different factors impacting the fundamentals for each metal. Silver, and to a greater extent, copper, are industrial metals.
Source: http://seekingalpha.com/article/1643342-the-market-vectors-gold-miner-etf-is-a-lousy-way-to-bet-on-gold

Indonesia ETFs in Crash Territory on Currency Woes – ETF News And Commentary

Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique — learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ”shares” investors are actually buying and selling ”units”. These ”units” can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed).
Source: http://www.thestreet.com/story/12012388/1/notable-etf-outflow-detected–iws-sre-sti-ppl.html


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