Hedge funds are net short on gold for the first time. This means expect gold price to plunge down more. Hedge funds are holding the first ever bet on a decline in gold prices since the U.S. government started collecting the data in 2006. The funds and other speculators shifted to a net-short position of… Continue reading Hedge Funds Net Short On Gold For The First Time
China Stock Market Crashes Wiping Out Trillions Of Dollars
China stock market rally that lured so many investors has turned into a plunge. Chinese stocks are crashing. Trillions of dollars invested have been wiped out. “At the moment there is a mood of panic in the market and a large increase in irrational dumping of shares, causing a strain of liquidity in the stock… Continue reading China Stock Market Crashes Wiping Out Trillions Of Dollars