Headline Fear Hides Gold’s Bullish Money Flows
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Connected interests (commercial traders) have not only covered their short position but also increased their long positions dramatically since early August. Commercial traders’ longs positions as a percentage of open interest has increases from 29.8% to 35.2% over the past six weeks. This trend and reading, second highest of 2011, set a bullish tone … Continue reading “Headline Fear Hides Gold’s Bullish Money Flows”