Golden nightmare! Investors with 3 years most raced away from the precious metals ETF

Gold used to be this year's hottest commodities, but now Donald Trump was elected United States President was snubbed.

The Bloomberg statistics November loss of precious metals ETF of $4.67 billion in May 2013, since the size of monthly withdrawals.

Reports Tuesday (6th), precious metal ETF a net outflow of US $6.24 billion in the past month, due to the price of gold plunged to 10-month lows while equity ETF poured $75.81 billion, pushing up stocks p (p) 500 index rushed up to record highs. As Trump was elected this year, gold prices soared up to 20%, see set 2012 first time gold prices rise for the year, as markets had expected a low interest rate environment will continue.

First half of the year the price of gold hit 2-year high, investment will be more than 12 billion dollars into the world's largest gold ETF SPDR Gold Trust, but now has withdrawn from 1/4.

So far this year, precious metals ETF net inflows of more than $26.4 billion; 8th trump after the victory, withdrawals began, fund managers are seeing stock, dollar and bond yields rose, turned to seek higher pay, make the price of gold has plunged 8.1%, Monday (5th), hitting a 10-month low of $1158.60. Altegris Advisors Manager Lara Magnusen said, investors can hardly resist the drop in prices the market momentum and stocks surged. Citigroup warning, average prices in the second quarter of next year will only be $1135, down 10% from the same period this year; the line and expected next year the Fed will raise rates 2.