Gold
You don't see many outright SELL recommendations.... and I can't remember when the advice has actually been to SHORT something! Usually the PC version is "neutral"....
GUYS!! Please do not short anything - ever.... that advice takes some explanation but just don't do it!
The market has been increasingly negative on gold, with Goldman Sachs making a high-profile call to short it this week. "You've had lesser open interest. In the last few months, we lost about 20 percent of our open interest and on top of that every other asset manager has moved away from gold into strong stocks. Right now the path for least resistance for gold is lower," said RBC analyst George Gero.
Last edited by GregWeld; 04-13-2013 at 07:34 AM.
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