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Gold Isn't Behaving in Practice The Way It Should in Theory

edited February 2017 in The OT Bullpen
Gold Isn't Behaving in Practice The Way It Should in Theory:

“It almost looks as if there’s a big fund manager getting into the market,” said Bernard Dahdah, one of the London Bullion Market Association’s most accurate forecasters. “We won’t know who that is until next quarter.” At least one such manager has gone public. Billionaire Stan Druckenmiller said this month he was a buyer in December and January because of the lack of clarity on U.S. government policy. https://www.bloomberg.com/news/articles/2017-02-20/gold-isn-t-doing-in-practice-what-it-should-in-theory-yet-again

(Folks, from the above it sounds like @rono is buying again.)


Yellen Can't Halt Trump Gold Rally that Funds Bet Against:

Gold bulls are acting as if they can’t believe a good thing when they see it. They should’ve had more faith. Hedge funds reduced their wagers on a bullion rally for the first time in three weeks, just before prices neared a two-month high and capped a third straight week of gains. https://www.bloomberg.com/news/articles/2017-02-19/yellen-can-t-halt-trump-gold-rally-that-hedge-funds-bet-against
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