TSX:LSG.DB - Post by User
Post by
farmboy75on Dec 27, 2015 9:03pm
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Post# 24414365
Are the big boys all wrong ?
Are the big boys all wrong ?
Been reading on the Kitco gold forum that the commercials are net long on gold. The commercials refered to being the big bullion banks, big hedge funds and institutional investers. So after many years of being net short they are now placing their bets in the other direction. I would have to believe they have insights we are not privy to. Of course they generally take a longer view than us impatient little investers, so the time frame is hard to predict. But it now seems possible the winds are finally turning in our direction? As Yogi Berra said ,its hard to make predictions, especially about the future. Here is hoping for a better 2016 for all members of our forum. GLTAL