I have to remind myself that this news is very US & COMEX centric. I don’t think Asia is gloomy about holding gold.
Good News: Gold Speculators Haven’t Been This Gloomy In 13 Years | Zero Hedge
http://www.zerohedge.com/news/2015-12-08/good-news-gold-speculators-havent-been-gloomy-13-years