RE:USA Is In A Panic!Yes, it is only the Fed now that is short. They have been failing to supress the price of gold for a while now and today's effort will fail.
Goldman Sach's today acknowledged that the price of gold is being set in the physical market.
Every pull back in price like today is countered with the Global South taking it as an opportunity to take delivery of more gold. As LBMA and COMEX gold inventories decline open interest on the COMEX is falling.