Futures Only Gold Futures Positioning

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Net Spec Short Position

That Tweet counts Futures and Options on Futures. I posted futures only.

Bill Fleckenstein

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Buckle Up

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Sentiment

As I have commented before, sentiment is extreme, but it can always get more extreme.

With that out of the way, I think Hickey and Fleckenstein have this correct.

This is an exceptionally good gold setup.

Mike "Mish" Shedlock