WEEKLY MARKET DIGEST: SMART MONEY SELLING COMMODITIES INCLUDING GOLD $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT
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The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.)
MOSCOW COMMUNIQUE LEADS TO GOLD AND SILVER FALLING OUT OF BED
February 15, 2013
The group of 20 largest economies (G-20) has begun their meeting in Moscow. A draft communique by G-20 shows a pledge to refrain from competitive currency devaluation.
Gold and silver have fallen out of bed on the news.
Adding to gold’s woes, the CFTC Commitment of Traders (COT) data shows that bullish traders have dramatically cut their positions.
The latest 13F filings show that George Soros cut his holding in GLD and Moore Capital liquidated all of its GLD holdings.… Please click here or the title below to read more.
February 15, 2013
