pascoe-meter update, page-43

i agree about the share ownership, TRT. The bankers have also quietly covered almost 100,000 short contracts on COMEX since October during a rising price trend, which is unusual and very bullish. Michael Kosares (USAgold) recently posted price forecasts by the London gold fix members... all bullish including Deutsche Bank predicting $2000 in 2012. Goldman Sachs forecasts $1690 in 2011 etc etc. The speculators, which includes the hedge funds are bailing and going short... bankers are taking the other side, and gold price still above $1500 despite all the negativity.


Rowingboat