Gold COT Update: Big Specs Increase Shorts

Commercial gold traders are still short, but barely.

Speculators Throw in the Towel on Gold

Long Liquidation: Large specs reduced long gold bets and increased short gold bets. Small specs increased longs & shorts

Large Specs Net Short Gold First Time Since 2001: Buckle Up!

Large specs are net short gold but commercials are still slightly short because small specs are long enough.

Investigating the Claim "Speculative Shorts Driving Gold Lower"

Are speculative shorts "driving or contributing" to the move lower in gold? Let's investigate.

Gold COT Report vs Price of Gold: Investigating a Tweet Claim

How closely does the price of gold follow the Committment of Traders (COT) report?

Misunderstanding “Peak Gold”; Gold About to Run Out?

Is gold about to “run out”? The correct answer to that question is the likelihood of that happening is precisely 0%.

Gold is Not a Function of the US Dollar Nor is Gold an Inflation Hedge

Swings in the US dollar have no long-term impact in the price of gold. Nor is gold an inflation hedge.

Gold's New Breakout is Very Bullish: Here's Why

Gold hit a new high for the move to $1714 and a new closing high of $1707. Additional charts explain the significance.