I suspect that to most here it has become obvious that next quantitative easing is a certainty, it is a question of just when. A month ago I was expecting that THE EVENT would happen just about now because I think there is a meeting of the minds in the next few days as to when and how much. Now I have no input as to whether it will happen now, but still am just as certain that it will.
If one agrees with me on the above then one has to be aware that gold will be priced in the lower priced US dollars. Given this, anyone playing with gold pricing games knows that gold will go up just before and for a while after the easing. But once that is done with gold will be once again subject to the winds that be. So yes they would be shorting gold on the way up with the expectation that they will get help to lower that price afterwards.
I'm no guru when it comes to this subject but it seems fairly straight forward to me. So when hedge fund managers, or the like, are posting such comments I figure it should not be a surprise.
If you can take advantage of such timing then why not. I will try. Cheers.