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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: gold$10k who wrote (235212)	6/6/2014 7:31:20 PM
From: dara	Read Replies (1) \| Respond to of 313620

I think it was last week that JP Morgan was short 19,000 contracts of silver. It looks as though they've started to cover their position. It will be nice to get that over with.

To: gold$10k who wrote (235212)	6/6/2014 10:51:33 PM
From: stuffbug	1 Recommendation Recommended By baystock Read Replies (1) \| Respond to of 313620

goldie, I received an email this morning claiming there are rumours that Goldman is no longer calling for gold to drop to $1050 this year. No suggestion on what Goldman is forecasting, but apparently the big drop is now off the table. Sounds plausible because a significant majority of technical analysts are calling for a final plunge. When most of the analysts are leaning one way, there's a good chance that it will go the other way. If the rumours are true, Goldman will probably publicly announce a bullish posture when the gold price is back above $1350.