Got Gold Report Video: COT for Gold Very Bullish!
- Courtesy Release Got Gold Report Video – COT for Gold Very Bullish!
HOUSTON — Recently we shared a new video update with GGR Subscribers entitled “COT for Gold Most Contrary Bullish Since December 2008.” At the request of colleagues we respect and as a courtesy, we have uploaded that video to our YouTube hub to make it available to the entire GGR readership and the general public. Of course GGR Subscribers got it first on the private, password protected Subscriber website, as always. (More…)
This video covers the huge imbalance which has developed in the structure of the Commodity Futures Trading Commission (CFTC) commitments of traders reports (COT) for gold futures on the COMEX bourse in New York. Although we conclude that the setup is “dangerously imbalanced,” we also have to view the conditions as of March 12 as “the most bullish in a contrary sense we have seen since December of 2008.” Enjoy.