Wednesday, April 13, 2016

Paper traders helping to keep gold prices going higher as market fully into bull run

As many gold holders know, the paper markets are much greater than the physical and can have extreme effects on price and direction.  But with gold in 2016 having its strongest start since Americans were allowed to once again own the precious metal back in 1974, an interesting synthesis is starting to emerge.

And that is the paper traders, particularly those in the options market, are moving en masse into the Bull camp and helping to keep gold going higher even as the Fed seeks to depress the price in order to protect the dollar.

Amid gold's best start to a year since 1974, options traders continue to bet on more gains.


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