Fund Managers Are Shorting Gold Like Crazy!


As gold breaks through death crosses and so forth, falling below $1600, sentiment against the precious metal is changing rapidly. People are more comfortable getting bearish on it.

Dow Jones reports that, according to CFTC data, fund manager short bets are hitting record levels (via Nicola Duke).

http://finance.yahoo.com/news/fund-managers-shorting-gold-crazy-085906681.html

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