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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: zonder who wrote (31365)6/3/2005 11:35:39 AM
From: mishedlo  Read Replies (1) of 116555
 
Gold and Silver

There are a lot of traders in a long silver, short gold pair.
One of the reasons is a new ETF for silver being started and like the gold ETF was, it is being front run. My instincts tell me this trade will eventually be reversed or at least the silver portion will be unwound, possibly after delivery of silver is taken.

Alaron traders are in this pair and it was also mentioned by a fund manager on Minyanville today as well.

Anyone know when that silver fund starts?

Mish
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