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« Santelli: 'Barack O-BLAME-A' Shirks Responsibility | Main | REPORT: Soros & Paulson Add To Massive Gold Positions »
Tuesday
Dec042012

'Strange Gold Trading When One Guy, John Paulson, Owns 21% Of The ETF'

GLD is 21% owned by hedge fund manager John Paulson.

Tuesday on CNBC.  Commodities trader Dennis Gartman spoke with Fast Money Monday by phone, and Tuesday was a studio guest for a discussion of December price action in gold.

"It's been a devastating gold trade since the start of December.  It looks exactly like last December, when gold went into the dinger.  It rallied in January, but you've got a lot of people who are long of gold.  I must say, the fact that we broke down as hard as we did on Monday and broke down again today is very disconcerting."

 

REPORT: Soros & Paulson Add To Massive Gold Positions

 

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Reader Comments (3)

Bob Costas on Gun Control following Jovan Belcher tragedy

http://www.youtube.com/watch?v=uOi7If0zW9s

Costas is getting ripped for this.
Dec 5, 2012 at 12:06 AM | Registered CommenterDailyBail
Judge Napolitano responds to Costas: Steak Knives Are Dangerous. Is the Government Going to Ban Them Too?

http://xrepublic.tv/node/1258
Dec 5, 2012 at 12:07 AM | Registered CommenterDailyBail
Krugman Isn't (Quite) Right About Austrian Economics

http://www.cnbc.com/id/48693368

John Carney
Dec 5, 2012 at 12:46 AM | Registered CommenterDailyBail

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