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Commodities Briefing - Categorized | Bullion/Gold, Regulatory more

What if central banks have NOT lost control of gold?

Posted on 03 May 2016

Has the positioning of the big commercial traders in the monetary metals futures markets lost its value as an indicator of future monetary metals prices? It seems like gold and silver bugs and maybe a few ordinary investors have been waiting for weeks for the usual smashing of the metals by those traders, the big investment banks, hoping to buy the next dip, only to have to watch the metals and the mining shares move steadily higher.
Among the market analysts whose prediction of a smash has gotten stale and who seems to be doubting himself is Clive Maund, whose latest commentary notes that it’s a “paradoxical situation.”……………………………………….Full Article: Source


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