Gold ETF Outflows Paint Only Half the Picture

`` while ETF holdings are declining, the physical market is seeing robust support. In fact, the US Mint -- the bellwether for measuring demand of physical gold in the Western world -- reports that sales of gold and silver coins are soaring.... Notice the volatile but steady rise in gold coin sales from the US Mint over the past 13 months... Silver coin purchases paint an even more dramatic picture. In fact, demand was so great that the Mint suspended sales in mid-January because it ran out of coins.''