Gold Commercial Net Short

    Posted by matt on 14th of Oct 2016 at 03:39 pm

    $GOLD - Chart Link - big drop once again in the commercial net short, this week it's down to 221k, last week was 271k and the previous week before that was 315k!  Realize that 221K is not major bottoming territory that is generally below 100K, however this is still quite a drop of almost 100K, which in recollection is the fastest strop I've ever seen in 3 weeks in my 13 years of following these numbers

    thanks for staying on top

    Posted by jsy1630 on 14th of Oct 2016 at 03:53 pm

    thanks for staying on top of this, Matt......conspiracy theory aside, do you think the Russian government announcing bombing preparations may have something to do with the big drop here in gold net short?

    nah man.  but otherwise yeah

    Posted by matt on 14th of Oct 2016 at 04:04 pm

    nah man.  but otherwise yeah what a mess with these politics.

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