Anxiety Builds As Money Managers Near Record Long Gold Position The last time gold “net longs” were this high was August 2011, from when prices tumbled despite a near doubling of The Fed’s balance sheet. “There’s more upside risk for gold than there is downside,” Josh Crumb, the chief strategy officer who helps oversee $1.7 billion at Toronto-based GoldMoney, said in an interview in New York. “For gold to fall, they would have to raise interest rates more than the market expects, and I think that’s a very unlikely scenario.” http://etfdailynews.com/2016/06/21/anxiety-builds-as-money-managers-near-record-long-gold-position/