Yes, the OI is at its lowest level in a while. Money flowing out of gold and into stocks at a guess.
keep in mind this article is from kwn, it seems everything is bullish to those guys. however, this really is a bullish factor. folks have given up on the sector which is indicative of bottoms.its a rare occurrence in any market. look at the cots. http://news.goldseek.../1543609596.phpcommercials and specs alike closed positions. giving up on the sector is a good sign. now for kwn https://kingworldnews.com/legend-pierre-lassonde-responds-to-yesterdays-kwn-article/
i expect we see in 19 stagflation/inflation. and w/the china deal or cease fire. the chinese are the largest importers of soybeans. that was on hold w/the trade folly. farmers suffered having to store goods.
dharma
agree on the "giving" in general up on the metals/miners, I see it here and at other places, both investors and even many/most "gurus" have given up, remember its a "process" and this as you and I have said will likely be a very ugly bottom and so far that's been a bulls eye. I continue to hold long and I like todays action with the miners for the most part closing not far from session highs, maybe no fireworks in Dec but a slow rise would not surprise me at all, good session, now will we finally get some follow through?
Senor
