[e-gold-list] Fwd: Re: Markets go red as contagion spreads
Larry Nieves
lanieves at gmail.com
Fri Aug 10 09:10:19 MDT 2007
> Perhaps, as in the recent situation when there were shocks to the Yen
> carry trade, investors were forced to liquidate other assets to meet
> margin calls on equity positions.
If investors were liquidating positions in gold, the open interest on
the Gold contracts should be falling. Instead, OI is increasing,
according to GATA. That points to new shorts coming into the market. I
guess, a part of the new liquidity inyected by CBs went into shoriting
gold on the COMEX. Any other explanation for such behaviour?
Cheers,
--
«La diferencia más importante entre un salvaje y un
hombre civilizado es que el salvaje no reconoce los
derechos de propiedad.»
Adam Ferguson (1723 - 1816).
===================================================
* Larry Nieves <lanieves at gmail.com>
* http://liberal-venezolano.net/blog/
* http://larrynieves.tripod.com/
* Huella digital GPG:
* 76D0 2DA1 ADA8 11EF 661B FEE2 923C 050F 1525 843C
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