QE This: PM’s Buy Gold, Short Stocks
January 26, 2015 at 11:39 AM EST
Even paranoids have enemies, and increasingly they also buy gold. The latest Commodity Futures Trading Commission (think SEC for futures and commodities) data shows investors are selling S&P 500 and Nasdaq futures contracts while loading up on gold. In a note to clients Bank of America Merrill Lynch noted that net long positions in gold [...]
