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After a 25% gain in less than 5 months, Goldman closes one of its top trade ideas - a long...
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Monday, April 11, 2011, 12:27 PM ETAfter a 25% gain in less than 5 months, Goldman closes one of its top trade ideas - a long basket of crude, copper, cotton/beans, and platinum. While believing the trade has additional upside potential, the risk/reward is not nearly as enticing. A few relevant ETFs: USO, JJC, BAL, PTM.
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And PIMCO is shorting govt debt, hmmmm.
And JPM is selling more silver contracts, than they have silver, hmm.
The squid never looses.
Don't fight PIMCO.
There really is a supply issue with silver.
The FRN breached 75 today.