Big guys moving in
Started by
nimblebear
, Jan 08 2008 06:05 PM
2 replies to this topic
#1
nimblebear
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- Traders-Talk User
- 6,062 posts
Welcome to the Dark Side !
Posted 08 January 2008 - 06:05 PM
The rebalancing of major commodity index funds also buoyed
the precious metals complex, analysts said. Gold is often among
the top components in many commodity funds Between Jan. 8 and 14, the Dow Jones AIG commodity index
.DJAIG will adjust the weighting of its components. The
Standard & Poor's Goldman Sachs Commodity Index is also
adjusting its weighting. Meanwhile, broader investment interest in gold remained
solid moving into 2008, with gold held in New York-listed
StreetTRACKS Gold Shares GLD.P, the world's largest
gold-backed ETF, rising to a record high of 639.35 tonnes by
Jan 7. COMEX estimated gold futures volume at a busy 143,999
contracts, with gold options at 27,889 lots. Total turnover in
Chicago Board of Trade electronic 100-oz gold futures was
22,404 lots at 2:51 p.m. EST (1951 GMT)
GOT GOLD ?!
OTIS.
#2
Tor
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- Traders-Talk User
- 7,647 posts
Member
Posted 08 January 2008 - 06:31 PM
The rebalancing of major commodity index funds also buoyed
the precious metals complex, analysts said. Gold is often among
the top components in many commodity funds Between Jan. 8 and 14, the Dow Jones AIG commodity index
.DJAIG will adjust the weighting of its components. The
Standard & Poor's Goldman Sachs Commodity Index is also
adjusting its weighting. Meanwhile, broader investment interest in gold remained
solid moving into 2008, with gold held in New York-listed
StreetTRACKS Gold Shares GLD.P, the world's largest
gold-backed ETF, rising to a record high of 639.35 tonnes by
Jan 7. COMEX estimated gold futures volume at a busy 143,999
contracts, with gold options at 27,889 lots. Total turnover in
Chicago Board of Trade electronic 100-oz gold futures was
22,404 lots at 2:51 p.m. EST (1951 GMT)
GOT GOLD ?!
hi is rthis a fade? i cant see gold keep going up. must correct soon, lots of gappo's.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#3
nimblebear
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- Traders-Talk User
- 6,062 posts
Welcome to the Dark Side !
Posted 08 January 2008 - 09:31 PM
The rebalancing of major commodity index funds also buoyed
the precious metals complex, analysts said. Gold is often among
the top components in many commodity funds Between Jan. 8 and 14, the Dow Jones AIG commodity index
.DJAIG will adjust the weighting of its components. The
Standard & Poor's Goldman Sachs Commodity Index is also
adjusting its weighting. Meanwhile, broader investment interest in gold remained
solid moving into 2008, with gold held in New York-listed
StreetTRACKS Gold Shares GLD.P, the world's largest
gold-backed ETF, rising to a record high of 639.35 tonnes by
Jan 7. COMEX estimated gold futures volume at a busy 143,999
contracts, with gold options at 27,889 lots. Total turnover in
Chicago Board of Trade electronic 100-oz gold futures was
22,404 lots at 2:51 p.m. EST (1951 GMT)
GOT GOLD ?!
hi is rthis a fade? i cant see gold keep going up. must correct soon, lots of gappo's.
Few people see it going up. That's what I like. Its when everyone jumps on the bandwagon, I get concerned. Its going to correct at somepoint. Though they've been saying that about Chiana stocks for 2 years now.
OTIS.
