Commodity Trade Mantra

Posts Tagged ‘Blackrock Gold ETF’

Kiss the Gold Bear Goodbye (But Wear a Helmet). . .

Wasn’t it only six weeks ago that the Sovereign Wealth Funds were dumping the gold and silver miners as if they were Fukushima waste ponds? The COT has once again sounded the alarm for CAUTION as the short position held by Commercials is now 5,431 contracts LARGER than in mid-October of last year just before they took it down $150 per ounce in six weeks.

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