IPFS News Link • Gold and Silver
The Last Time Hedge Funds Were This Short Gold, It Rallied 18% In A Month
• zerohedge.com by Tyler DurdenAs Bloomberg notes, signs that global central banks, including the Federal Reserve, are moving closer to unwinding economic stimulus helped boost bearish bets on the metal to the highest in almost 18 months.
Gold futures posted a fifth straight weekly loss on Friday, the longest stretch since December. We've seen this pattern before...