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Post# of 358485
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fung_derf

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fung_derf

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Re: bobhwang post# 343770

Monday, 11/17/2014 3:10:58 PM

Monday, November 17, 2014 3:10:58 PM

Post# of 358485
What do these guys know anyway?

• Hedge Funds Cut Gold Bets: Hedge funds extended their fastest exit from gold this year, cutting bullish gold wagers for a third week. The net-long position in New York futures and options fell 14%, U.S. government data show. Holdings tumbled 49% over three weeks, the most since December. Assets in exchange-traded products backed by the metal dropped to the lowest since 2009, as the World Gold Council said third-quarter global demand was the weakest in almost five years. Bloomberg.com

Just my opinion, of course.

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