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US Banks Buy Gold Futures

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

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US Banks Buy Gold Futures

Postby moparal7 » Sun May 26, 2013 9:05 pm

http://news.goldseek.com/GoldSeek/1368561139.php
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Re: US Banks Buy Gold Futures

Postby InfleXion » Tue May 28, 2013 12:19 am

So longs are well above average, but shorts are also at record highs. I guess all that liquidity makes it easier to push the price around.
Silver: the Rodney Dangerfield of precious metals.

If it's printed on a piece of paper it's worth the paper it's printed on.
If it's a digital asset it's worth the electrons in cyberspace.
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Re: US Banks Buy Gold Futures

Postby Engineer » Tue May 28, 2013 12:28 am

InfleXion wrote:So longs are well above average, but shorts are also at record highs. I guess all that liquidity makes it easier to push the price around.


I'm wondering if the hedge funds are playing chicken with the banks. Image
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