GOLD gold futures
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risk off....gold up, page-122

  1. Skol
    33,861 Posts.
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    16/04/12
    06:42
    Post #: 9984017
    In gold's run-up from $1450 to $1910, 70% of the buying was by retail investors.

    Only 7% of the buying was from institutions.

    In the subsequent run from $1600 to $1760, 85% of the buying was by momentum-chasing retail investors, but the 'smart money' was a net seller.

    In the latest run-up, 92% of the buying from $1500 to $1790 is from 'mom and pop'.

    Institutions are again net sellers.

    See a pattern?
    Value at posting: $0.00
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