Well, while Paulson was forced to sell 1/2 of his gold position, someone took the other side.
http://www.zerohedge.com/news/2013-08-30/guess-which-bearish-bank-bought-record-amount-gld-q2
My previous piece on gold is correct that the last down leg was forced.
Now we have the complete answer on who took the other side.
When you have enough capital to corner a market, this is how the game is played.
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Now We Know Who Bought Gold All The Way Down To Force A Bottom Earlier This Year
Well, while Paulson was forced to sell 1/2 of his gold position, someone took the other side.
http://www.zerohedge.com/news/2013-08-30/guess-which-bearish-bank-bought-record-amount-gld-q2
My previous piece on gold is correct that the last down leg was forced.
Now we have the complete answer on who took the other side.
When you have enough capital to corner a market, this is how the game is played.
Share