Some Levelheaded Comments On The CoT Reports For Gold

By Cory Fleck of The Korelin Economics Report

Chartered Accountant • Sep 18, 2018 at 1:47 AM EDT

It is true that the speculators are net short but the net position is so close to zero that the comments of a massive short covering run are not valid.

(Audio length 00:11:24)

Richard Postma joins me today to address all the bullish comments around gold due to the CoT reports. It is true that the speculators are net short but the net position is so close to zero that the comments of a massive short covering run are not valid. We also discuss the yield environment in the US and how trade fears/wars factor in.

Disclosure:

None.