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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Canuck Dave who wrote (36123)7/15/2005 9:30:19 PM
From: ild  Read Replies (2) of 110194
 
RE: Gold COTs

I find it pretty remarkable that POG was practically flat from July 6 till July 12 (COT data) and still commercials reduced shorts by 18,042 contracts and bought long 11,391 contracts. If something like that happend a year ago gold bugs would have posted 1000 messages about it. Today there are more posts about POG going below $400.

BTW, Rydex PM fund yesterday lost about 10% in withdrawals.
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