| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
FSN: Notes on Gold’s Commitment of Traders Report
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Dan Norcini
Trader Dan Norcini
A brief summary – All classes of speculators, hedge funds, other large reportables, and the general public, were net sellers of gold this past reporting period.
The other side of the equation, the buying, was done by the commercial category (bullion banks, etc,) and the swap dealers. The swap dealers, in particular, are a very good group of traders since they trade not only for clients and for the purpose of hedging, but can also speculate for their own interests.
I should note here that both of the latter categories, remain net short overall but continue to consistently reduce that position as they cover existing shorts and institute fresh long positions.
Continue Reading at TraderDanNorcini.Blogspot.ca…
2013-04-27 08:45:10
Source: http://silveristhenew.com/2013/04/27/notes-on-golds-commitment-of-traders-report-2/
Source:
