22.04.2013 - Managers bet on wrong side of gold
Hedge funds and other large speculators increased their net bet on higher gold prices during the week the market recorded its largest-ever two-day selloff, according to government data released on Friday. Money managers cut the number of bets on lower gold prices by 8.2% during the week ended Tuesday and left their amount of bets on higher prices nearly unchanged, according to data from the Commodity Futures Trading Commission...............................................Full Article: Source
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