Seeking Alpha

jamone

jamone
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  • Money managers yanked $1.27B out of gold and precious metals last week, bringing the year-to-date drawdown to $20.8B. The largest gold ETF (GLD) is down 13.8% YTD. It largest shareholder, John Paulson, remains bullish on gold; his Gold Fund is down almost 50% this year. (Gold ETFs: GLD, IAU, SGOL, PHYS, AGOL, DGL, UBG, DGP, UGL, DZZ, GLL, DGZ, UGLD, DGLD, GLDI[View news story]
    The guy is still up. A few Fibonacci retracements are expected.
    May 13, 2013. 01:02 AM | Likes Like |Link to Comment
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