Funds Are Betting the Gravity-Defying Gold Rally Isn't Over Yet
By GCRU Gold News on Monday, April 18 2016, 23:58 - Permalink
When it comes to gold, hedge funds are betting that what goes up will continue to go up.
Even after bullion’s best start to a year since at least 1975, investors are positioning themselves for more gains. Money managers increased their wagers on a price rally to the highest since 2012, taking their optimism to a level last seen before a three-year bear market started.