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After a 25% gain in less than 5 months, Goldman closes one of its top trade ideas - a long...

After 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.
Comments (1)
  • Stoploss
    , contributor
    Comments (1727) | Send Message
     
    And they went long gold @ 1346.00, hmmm.
    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.
    11 Apr 2011, 02:29 PM Reply Like
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