stay calm,,nominal value looks huge but in reality we are back to where we were last friday,,,,its still huge and shorts will cover some,,,
Personally I think Mr Paulson's fund is getting redemptions left and right,,,he is a big concerntrated holder of Gold ETF and Bank of America,,,both have taken an absolute beating
with 938140 and everyone calling for a gold collapse,,bound to be enormous $ value short in Gold Spot market which will cover..
wouldnt suprise me to see them open low and go straight back up all day, today we pound the short day traders looking for ncm to go to zero...
ohh bouncing alittle already
NCM Price at posting:
$40.55 Sentiment: ST Buy Disclosure: Held