GOLD 0.51% $1,391.7 gold futures

""WSJ reports that there's a 36% increase in inverse gold funds...

  1. 524 Posts.
    ""WSJ reports that there's a 36% increase in inverse gold funds assets in the USA in the last week; i.e funds that bet against gold. "" = ultimately bullish.

    The fundamental reasons for owning gold have not lessened one iota.
    With everyman and his dog short or looking at becoming short gold imo market conditions will soon be ripe for a MAJOR short covering rally....
 
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