"Fast money" -- hedge funds and other speculators -- upped their bearish bets while mutual funds and institutional buyers built bullish positions on Treasuries.
Gold has averaged gains of almost 15 percent in years marking the inauguration of a new president since the 1970s.
Big investors are motivated by signs the world has finally escaped from the decade of limp economic growth and inflation that followed the global financial crisis more than eight years ago.
"Everyone in the world is underexposed to China.”