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Demand Side Of Gold Will Carry The Day
Posted by Jim Sinclair on March 25, 2009 @ 12:47 pm in General Editorial
Dear CIGAs,
Who shorted gold after fed’s announcement last week?
by Eric deCarbonnel
Open interest in COMEX gold increased by 1,209,600 ounces in the two days following the fed’s announcement last week. Can anyone explain to me who in their right mind would short gold following the fed’s plan to double its balance sheet?
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URL to article: http://www.jsmineset.com/2009/03/25/demand-side-of-gold-will-carry-the-day/
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