576 replies to this topic

[Smithy]

Freebie fro Eric Hadik today, Mon.

Comments welcome.

 

[Rogerdodger]

T-Theory Thoughts

"Gold may be making its move towards it's early December low, as per the chart in the menu."

[Smithy]

Weds am - platinum surging up

[Smithy]

Industrial metals ETF surging - Zinc, Nickel, Copper, Aluminum, Lead

 

[Smithy]

Small gold specs  have been increasing their net long position which is a negative from a contrarian point of view.

 

The sliver small specs have ramped up their silver longs, +4% this week to 72% net bullish. They are usually wrong. The commercials have been piling on net shorts, which implies these "insiders" think the price is going lower.

 

This week's COT argues that bullish sentiment still needs to be washed out with lower gold and silver prices.

[Smithy]

Weds 25 Nov.

 

[Smithy]

A count supporting a low late Dec.