-->Post von RR Forum:

Bob Pisani on gold

For those that don't see CNBC during the day, Bob Pisani, reporting from the floor of the NYSE attributed the move in gold to hedge fund trading.

He described it as several large Macro hedge funds that had been highly leveraged in"short dollar/long gold" trades (which has paid well over the past few months) unwinding those positions.

Apparently, the recent comments by the ECB about the Euro was enough to get them spooked to the point that they decided to book profits.

Once a few of them started buying dollars and selling gold to close their positions, the rush to the exits was on.

After that, the margin players probably got taken out; probably followed by the weak holders that had too large a position in gold to stomach.

Such is life in markets dominated by hedge funds.

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-->werde ich hier Vorschlagen,Dir den Titel"Orakel vom Kanton Zug" zu verleihen:-)

Ernsthaft, das ist schon eine starke Leistung.
Seht Ihr da in Eurem Elfenbeintürmen wirklich mehr als wir normal sterblichen?

Wenn ja, dann werde ich, falls ich mal viel Geld habe, einen Teil davon bei Euch unterbringen.

lg

siggi