Subscriber's Comment - Gold breaks out, Bayer finally scores a legal win, China shares steady on hopes for government supports.
Gold Tops $2,500 for First Time on Outlook for Lower Rates – This article from Bloomberg may be of interest. Here is a section:
Speculators boosted their net-bullish bets on Comex gold futures to a four-year high in mid-July, before trimming some of the position, Commodity Futures Trading Commission data show. Meanwhile, gold holdings in exchange-traded …