RE:RE:RE:May JuneGreat info...thanks for that...but its beyond my understanding.
Commercial shorts being high...doesent that mean more risk protection against falling prices?
Does that imply falling prices because of falling dollar...or how does that translate into rising dollar (and falling gold...and rising DUST)?
TheCapitalistBear wrote: Boss, it would seem like this gold scenario could only be driven by a rate hike. But also, it could be driven by the "potential for a future rate hike", as the market is on pins and needles to Janet. Or, it could be from a lack of further Fed talk of easing and patience. Deflation can and will also form on its own without Janet's help as credit is tapped. There's many ways it could occur. We also know delusion is alive and well in the market and the first place participants panic to is USD.
As with technical analysis it seems sometimes the story finds the move, instead of the move being driven by the story. The biggest reason I've scaled into DUST is because the Commercials in the COT reports have the biggest short exposure all year, and, and they've been right all year long. Maybe they know something. Theres many other indicators I see confirming this.
GLTA. VIX futures acting just criminal right now.