Unusual Gold surge - - reason??

Discussion in 'Commodity Futures' started by trader60611, Sep 4, 2009.

  1. Don't know the source, my broker sent it out when gold was rallying...

    But I think this story might explain it more

    Barrick Gold to eliminate hedges, plans offer

    http://finance.yahoo.com/news/Barri...7.html?x=0&sec=topStories&pos=1&asset=&ccode=

    They were probably buying up the futures before the news broke

    5yr
     
    #11     Sep 10, 2009