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zach88

zach88
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  • 4 Reasons Gold May Break Through $1800 Next Week [View article]
    as a bit of a contrarian, my experience tells me that the result will more likely be the inverse of the bullish/bearish signal. So, your #1 reason makes hedge towards the inverse trade.
    Oct 7, 2012. 11:44 PM | Likes Like |Link to Comment
  • Jewelers Say 'No Thanks' to Gold [View article]
    I should start with ... I am a novice about "gold for investment" ... a question ... as I understand it, the bullion banks rent the gold. They then short sell it, take the cash and buy treasuries or some other investment. Ultimately, they need to cover their short. If they believe that the gold price is set to rise they don't want to lease as they will lose money when they need to cover their short. Would this not be a reason for a dramatic drop in the demand of gold for lease?
    May 21, 2009. 07:48 PM | 10 Likes Like |Link to Comment
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