Brave New World: Short term traders are running away from gold ETFs

Ritesh JainIndependent Market Expert, MumbaiHe is a trend watcher, Global Macro investor and Blogger at worldoutofwhack.com. He has over 20 years of experience in financial markets, bonds, equities, gold, and derivatives. He muses about global macro investment opportunities, economics, business, and financial issues.var objSec = {template: 'articleshow_main', msid:'77562195', secNames: ['markets','stocks','news'],secIds:['2147477890','1977021501','2146842','2146843']}; var tmplName = tpName = 'articleshow_main',lang = '',nav_sec1,newHookId,subsec1_value,subsec1_common = '1977021501',newHookId2,subsec2_value,subsec2_common = '2146842'; var objVc = {version_on:'20200815164904',js_comments:'111',js_googleslock:'782',js_googlelogin:'20',js_common_buydirect:'749',js_bookmark:'16',js_login:'39',js_datepicker:'2',js_electionsmn:'22',js_push:'53',css_buydirect:'14',js_tradenow:'14',js_commonall:'117',lib_login:'https://jssocdn.indiatimes.com/crosswalk/jsso_crosswalk_legacy_0.5.9.min.js',live_tv:'{"auto_open": 1, "play_check_hour": 12, "default_tv": "1"}',global_cube:'0',global_cube_wap:'0',global_cube_wap_url:'https://m.economictimes.com/iframe_cube.cms',site_sync:'0',amazon_bidding:'1',fan_ads:'0',trackAdCode:'0',ajaxError:'1',oauth:'oauth',planPage:'https://prime.economictimes.indiatimes.com/plans',subscriptions:'subscriptions',krypton:'kryptonp'}; var objDim = {d52:'nature_of_content',d10:'user_login_status_hit',d32:'prime_article_read_before_syft',d54:'content_shelf_life',d53:'content_target_audience',d12:'tags_meta_keyword',d34:'content_age',d56:'degree_of_conten',d11:'content_theme_the_primary_tag',d33:'prime_article_read_before_success',d55:'content_tone',d14:'special_coverage',d36:'sign_in_initiation_position',d13:'article_publish_time',d35:'subscription_method_hit',d16:'video',d15:'audio',d37:'user_subscription_status',d1:'et_product',d2:'blocker_type',d3:'user_login_status',d4:'agency',d5:'author',d6:'cms_content_publishing_type',d7:'content_personalisation_level',d8:'article_publish_date',d9:'sub_section_name',d40:'freeread',d20:'platform',d23:'author_id',d45:'prime_hp_ui_template',d25:'page_template',d47:'prime_hp_ui_content_b_color',d24:'syft_initiate_page',d46:'prime_hp_ui_content_size',d27:'site_sub_section',d49:'syft_initiate_position',d26:'site_section',d48:'content_msid',d29:'section_id',d28:'prime_deal_code',d50:'signin_initiate_page'};var serverTime = '08.15.2020 16:49:50';var WRInitTime=(new Date()).getTime(); (function () {if (self !== top) {var e = function (s) {return document.getElementsByTagName(s)}; e("head")[0].innerHTML = '*{display:none;}'; setTimeout(function () {e("body")[0].innerHTML = ''; var hEle = e("html")[0]; hEle.innerHTML = 'economictimes.indiatimes.com'; hEle.className = ''; top.location = self.location; }, 0);}})(); _log = window.console && console.log ? console.log : function () {}; if(window.localStorage && localStorage.getItem('temp_geolocation')) { var geolocation = localStorage.getItem('temp_geolocation'); } // Creating Elements for IE : HTML 5 and cross domain checks (function () { var elem = ["article", "aside", "figure", "footer", "figcaption", "header", "nav", "section", "time"]; for(var i=0; i -1) { window[disableStr + '-' + gaProperty] = true; } ga('set', 'anonymizeIp', true); ga('create', gaProperty, 'auto', {'allowLinker': true}); ga('require', 'linker'); ga('linker:autoLink', ['economictimes.com']); ga('require', 'displayfeatures'); window.optimizely = window.optimizely || []; window.optimizely.push("activateUniversalAnalytics"); ga('require', 'GTM-KS2SX8K'); customDimension.dimension1 = "ET Free"; customDimension.dimension4 = "ET CONTRIBUTORS"; customDimension.dimension5 = "Ritesh Jain"; customDimension.dimension6 = "Native - 77562195"; customDimension.dimension8 = "Aug 15, 2020"; customDimension.dimension9 = "Stocks"; customDimension.dimension12 = "payroll tax,trump,equities,dalal street,utilities"; customDimension.dimension13 = "03:58 PM IST"; customDimension.dimension15 = "No"; customDimension.dimension16 = "No"; customDimension.dimension23 = "479247839"; (function () { var a = window.localStorage && localStorage.getItem('et_syftCounter') || ''; a = a && JSON.parse(a) || {}; if(a.beforeSyft) { customDimension.dimension32 = a.beforeSyft; } if(a.afterSyft) { customDimension.dimension33 = a.afterSyft; } })() var contentAge = '0.026990740740740742'; if(contentAge) { customDimension.dimension34 = contentAge > 2 ? '>48hs':'

Brave New World: Short term traders are running away from gold ETFs

Ritesh Jain

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