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0.51% $1,391.7 gold futures

billionaire's 44% of assets now in gold assets, page-55

  1. KnuckleSandwich
    2,432 Posts.
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    30/08/12
    12:01
    Post #: 10646148
    I think the XGD Index has been a pretty reliable short term indicator of where the Gold price is headed. It's down 4% today so it looks like the market is unwinding its position on QE3 before Jackson Hole. Probably a good thing as it will take the sting out of the fall when Bernanke doesn't announce QE3.
    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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