statement from Gartman today, even he is baffled but knows manipulation
posted on
Mar 19, 2008 08:14AM
The trapped short are trying to engineer a takedown to cover with paper as always while others buy gold. Highly manipulative and probably collusive.
Gartman quote:
"Finally, the recently inordinately volatility had Comex
losing 3.1% of its open interest in gold, while at the same
time., the GLD ETF added 10.44 tonnes. On one hand,
there is liquidation; on the other, accumulation. We are as
confused as our readers then."