Whats up with GOLD?

    Posted by shopper on 2nd of Sep 2014 at 08:43 am

    Whats up with GOLD?

    Remember Commercials are still NET

    Posted by rbreese on 2nd of Sep 2014 at 10:16 am

    Remember Commercials are still NET short a LOT of contracts.

    Non-Commercials (Managed Money) much higher

    Posted by a_l_ on 2nd of Sep 2014 at 10:45 am

    Non-Commercials (Managed Money) much higher net long. I've made many attempts to describe the Commercial figures as based on Business decisions to lock in prices for future production (not a Market bet). I would love to see any other perspective on this, as the assumption always seems to be that Commercials are doing something other than hedging.

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