Weak traders out, hedge funds and commercials struggle over gold, Norcini says
|
|
Submitted by cpowell on 09:35PM ET Wednesday, September 26, 2012. Section: Daily Dispatches
12:26a ET Thursday, September 27, 2012
Dear Friend of GATA and Gold:
Futures market analyst Dan Norcini tells King World News tonight that weak hands were flushed out of gold futures this week, leaving the struggle between commercial traders and hedge funds. Norcini is encouraged by the strength shown by gold mining shares, which, he says, are now leading the metal itself. An excerpt from the interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/9/26_Mo...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.