the de-hedging of the hedge play..., page-28

does comex include the gold ETF's GM and the short Gold ETF's?,,,,,,,

left to sell,,there are plenty of central banks fully loaded with gold, with enormous debt burdens,,plenty of potential sellers, if greece cant make its budgets after a few months despite austerity, then another good measure of austerity would be to dump its hundred of tons of gold

may consider also some of the enormous asx ETF's, emerging market EFT's,,if there is a large OS investor or investors lightening up or selling upo,,,sometimes this affects the ASX 10, 20, 50, 100 and 200 and NCM is in the 20 so it gets pounded regardless sometimes....

gold was almost flat in in no time popping towards the fairytail breakout rogers number of 1634...silver has just poped 1.3% on $10,000......


NCM pricing in it yeild in a falling market with economic, cicil and political instability imo

anyway low liquidity day,,often insane spikes in both directions throughout the trading day...

XJO trying to establish a floor at 3920 following surge right on noon........