
So bad, its great As anticipated, the herd has actually chased after golds move lower. Poor market sentiment right now leads me to wonder, if everyone has left gold, whos delegated sell? Typically, its the opposite; gold sits in a net long position, implying handled cash longs surpass shorts. Gold bottomed within 2 weeks, and rallied 11 percent. The 2nd such time was in November 2015, and gold bottomed within three weeks prior to eventually rallying 32 percent. Gold is having a terrible year, losing almost 8 percent in the last three months and 11 percent from its 2018 high as the U.S. dollar has made headway against foreign currencies, weighing on the dollar-denominated property. Here is a fantastic short […]