GOLD 0.51% $1,391.7 gold futures

I have a sneaky suspicion that the latest takedown of gold may...

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    I have a sneaky suspicion that the latest takedown of gold may be linked to the U.S. Trying to get a lot of miners to hedge production out of created fear to gain as much forward production as possible before the Chinese and Russia to get a greater control of market. The physical market is tightening and will continue to do so. Once hedging gets too large really takes away from the forward looking market dynamics that have taken 25 years to develop. With poor figures coming out of Australia and looming recession aud should keep dropping so I hope the Aussie goldies don't over hedge and somewhat limiting possible upsides. Hedging allows greater control than what is already possible through Crimex.
 
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