The takedown in the gold market was about $100 top to bottom. Now we know why…
Reason For The Gold Takedown
February 4 (King World News) – Alasdair Macleod: In gold the swaps are net short $27 billion. The gross value of their shorts is $44.7 billion. And you and I have been talking about how the Russians and the Chinese look like they are moving towards a gold standard. If you are running large trading positions in the gold futures market you will be aware of this danger as well. So what do you do? You want to get that position closed. That is why they have viciously banged the market. They want to…continue listening to Alasdair Macleod discuss the $100 takedown in the gold market and what to expect next CLICK HERE OR ON THE IMAGE BELOW.
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