Goldman Sachs: Kinross Gold No Longer Worth Selling
Barron’s — Goldman Sachs: Kinross Gold No Longer Worth Selling
Story at link above. (More…)
Is there a connection between the story above, this story and our read of the COMEX large trader positioning?
In a word, yes, we believe there is.
Specifically, we could see the Swap Dealers oversize reduction in short positioning as it unfolded over the past three reporting weeks, while the Producer Merchants got the heck out of a huge percentage of their own shorts. In, uh, “short”, we could see Goldman changing its tune and positioning to match and said so here.
How about that?
Here’s the graph that best tells the tale:
To put it breifly, as gold neared $1300 the mercenary Swap Dealers, like Goldman Sachs, closed or offset an oversized number of their net short positioning in COMEX gold futures. This is what we have referred to in the past as “elephant tracks.”
Gold goes higher and soon if the signs we are seeing are true to form.
Goldman is already positioning for it, apparently.
Source: http://www.gotgoldreport.com/2014/04/goldman-sachs-kinross-gold-no-longer-worth-selling.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
