Loading ...Buddah – the COT’s came out and they look horrifying. Course, they’re usually not to be trusted unless they indicate downside. In this case they indicate major downside This might be why the shares acted like shit today, and gold failed to break above whatever the resistance is at $1245 or so for the 100th time. So the scum is in full force, which is why the prognostication business sucks and guys like Rubino always come out at the absolute worst times – although I’m not sure Rubino isn’t a scum plant. He’s always wrong.
https://cftc.gov/dea/futures/deacmxlf.htm
Ororeef – why don’t you go first and load the boat at $1400?
You may have to wait a while though.
Going to have a weekend and hunker down for the hammer on Monday.