Here's a little gold puzzle for you to ponder as you're getting ready for the weekend. See if you can figure it out.
While the gold-backed ETP holdings have dropped 10 metric tons this week and 800 metric tons to 1,831 metric tons on Dec. 4, the number of short gold contracts by managed money is also approaching the high reached on July 9.
The economy in the United States added 203,000 jobs in November according to the latest nonfarm payrolls report, while the unemployment rate fell from 7.3% to 7.0%.
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.