Ted Kempf
Ted Kempf
buy coming huge hurt large people position seen sell several
If it was a huge one, we would have seen it - they would have had to buy it through several houses. If you're going to sell a large position of gold, people would see you coming and that can hurt you.
based doubt market moved talking
There is no doubt that the market moved based on this rumor. The whole market is talking about this.
mainly news technical
There was no real news out there. This was mainly technical selling.
asian biggest consumer demand developed fall further gold investors region start weakness
The weakness in Asian currencies is dampening demand for gold in the region that is traditionally the biggest consumer of gold. Equities may need to fall much further before investors in the developed world start diversifying into gold.