Loading ...Updated Commitment of Traders
Net positions for the non-reporting small speculators keeps distancing itself from total shorts. Weight of evidence still favors longer term upward movement for gold…
Will really have to reconsider long positions once this is not the case anymore… and avoid any gold-bug fever I might of caught along the way!
That last sentence encapsulates the great bugaboo of precious metal stock players. I wouldn’t dare call them “investors” as they (we) are speculators pure and simple.