However, scrap or recycled gold will be higher this year due to high prices in gold buying countries, but it will be normalised lately, as the economy has shown the signs of recovery. In 2010, selling of this precious metal will …
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Posts Tagged ‘precious’
Gold Commercial Short Positions Hit All Time High, As Gold Spike …
May 14th, 2010Also, even with gold down, note the price action in PHYS. Here’s the deal on gold. When we had the post-Lehman collapse, gold fell from $900 to $720 an ounce but it still managed to outperform other commodities and [...] … We demonstrated earlier how domestic equity funds saw a massive outflow even before the May 6th crash. Now, courtesy of Lipper/AMG we discover that the panic gripping high beta assets, specifically High Yield bonds, since the crash was the [...] …
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