Hedge Fund Gold Positioning Has Never Been This Extreme

The meme here is short-term trading hedge fund managers are not the smartest guys in the room.  It generally pays well to be a contrarian when it comes to gold futures.  And right now, the hedgies have never been more bearish.

http://www.zerohedge.com/news/2015-12-19/hedge-fund-gold-positioning-has-never-been-extreme

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