GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Thursday, October 2, 2008
5:44AM PDST GOLD DROPS TO 8566 ON ABOUT 12K CONTRACTS IN FIRST 20 MINUTES
WHO DO YOU THINK IS BUYING GOLD AT
THESE PRICES? ANSWER: THE ELITES,
WHO DO YOU THINK IS SELLING THEIR GOLD
HERE? ANSWER: THE CHUMPS AND WEAK LONGS
WHO OVER-MARGINED THEMSELVES
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