by irdadmin | Aug 26, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals
According to the latest Commitment of Traders Report released Friday and which accounts for Comex trader positioning through Tuesday, August 21, the hedge fund net short position in Comex paper gold futures soared to an all-time high of 89,972 contracts. This...
by irdadmin | Aug 19, 2018 | Financial Markets, Gold, Market Manipulation, U.S. Economy
I felt compelled to clarify the commentary out “there” discussing the non-commercial short position in gold. An interviewee on one of the widely viewed precious metals and economic websites referenced the record “speculator” short position in...
by irdadmin | Aug 12, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“We’re now forecasting slower revenue growth for the third quarter based on an unexpected drop in Redfin’s bookings growth in the past three weeks, slowing traffic growth in a weakening real estate market.” – CEO of Redfin (RDFN) on the...
by irdadmin | Jul 17, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Several of us who stick our neck out in public with analytic opinions on the market have been thinking that gold has reached a tradable bottom. I’m sure many would say that view is flawed based on today’s action. Let me preface my thoughts by saying...
by irdadmin | Jul 9, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Perhaps the best contrarian indicator for the directional movement of gold and silver is Dennis “Wrong Way” Gartman, who recently announced that he was dumping all of his gold “positions” (note: Gartman’s “positions” are...
