GOLD 0.51% $1,391.7 gold futures

Funds are the biggest group that are going long and showing the...

  1. 679 Posts.
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    Funds are the biggest group that are going long and showing the most commitment. David Paradice just took a big chunk out of my company along with Van Eck. Perhaps they were attracted by the fact that we dont hedge. The producers and swap dealers are the biggest shorters. Oh well... they will learn soon enough that hedging against debt just digs a deeper hole. I imagine last night was a nightmare for shorters. Skol... do you not have someone to console? Perhaps not because the other traders came in second largest going long. Investors are beginning to gather regardless of what the producers do. Perhaps last night was their way of saying hi, how are ya?
 
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