Friday, March 08, 2013

Don Coxe – Biggest ‘Galdern' Gold Rally Coming

20130308-CoxeBiggest ‘galdern’ rally coming for gold, says Donald Coxe, Global Portfolio Strategist, Chairman, Coxe Advisors, in the audio message below. 

We believe this message is worthy of sharing. 

Note that Don mentions the record level of speculator shorting in gold just before saying that.  Link to the page with the audio file is just below along with our chart of the Managed Money gross short position as of Feb 26.  New data will be released later today by the CFTC (at 15:30 ET). 

Source: Coxe Advisors (Audio File)



Managed Money Gross Shorts for Gold (COMEX)


Source:  CFTC for COT, Cash Market for gold, Got Gold Report. 


The Original
Vulture Speculator

Trading gold, silver and mining shares since 1980 with a focus on taking advantage of volatility extremes, Gene Arensberg analyses the markets through a basket of technical and fundamental indicators and shares his findings from time to time here at Got Gold Report. Mr. Arensberg has been quoted in the Wall Street Journal, Dow Jones MarketWatch, USA Today and dozens of other news organizations.

"I've been a huge fan of Gene and his amazing work for years..."

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