01-28-2011, 11:20 AM
Interesting article:
<!-- m --><a class="postlink" href="http://www.zerohedge.com/article/meet-man-behind-liquidating-hedge-fund-blew-gold-market">http://www.zerohedge.com/article/meet-m ... old-market</a><!-- m -->
recent drop in gold was attributed to one small hedge fund selling off a huge position in gold, and dumbass day traders who just see a price drop and panic, drove it even further. Expect a nice jump back up.
<!-- m --><a class="postlink" href="http://www.zerohedge.com/article/meet-man-behind-liquidating-hedge-fund-blew-gold-market">http://www.zerohedge.com/article/meet-m ... old-market</a><!-- m -->
recent drop in gold was attributed to one small hedge fund selling off a huge position in gold, and dumbass day traders who just see a price drop and panic, drove it even further. Expect a nice jump back up.