Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tradermike_1999 who started this subject	1/9/2003 1:52:42 PM
From: energyplay	Read Replies (1) of 74559

Note that hedge funds are BUYING - same people who did the carry trade - short gold - Figures released yesterday by the Commodity Futures Trading Commission in New York showed that hedge funds last month bought contracts for 10.4 million ounces of gold, up from 6.8 million the month before. Alan Williamson, head of commodities research at HSBC, said: “That is the largest net long position since August 1993.”

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next