Yep, crude oil and the Israel/Iran hold this market hostage.  Israel/Iran is an uncertainly that hangs over the market and the market hates uncertainty!

    Commercial Gold Shorts

    Posted by drorlando on 11th of Jul 2008 at 09:50 am

    Matt:  It has been a while, can you post where we go to find commercial gold shorts?  Is it on the site I just cannot find it?

    Commercial Gold shorts - remember to ignore

    Posted by matt on 11th of Jul 2008 at 09:52 am

    Commercial Gold shorts - remember to ignore the large speculators, only use the commercials.

    Shorts

    Posted by drorlando on 11th of Jul 2008 at 09:57 am

    Thanks!  Goldbugs this is a very useful Index!

    GDX etc

    Posted by kreem on 11th of Jul 2008 at 10:19 am

    Not sure how to read these COTs well, what's your read? will this stick?

    Are you guys taking profits on gold stocks or backing up the truck on this morning fade?

    Commercial Shorts

    Posted by drorlando on 11th of Jul 2008 at 10:25 am

    Matt:  Can you take that, I think I rember shorts below 75,000 buy, above 150,000 sell or caution.  Commercial Shorts are very good at picking tops and bottoms.

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