“Gold bulls are telling people foreign countries are buying Gold and facts are facts, they are not. This would show in the COT report.”
where in the COT report do the US gold reserves show up?
Russia’s?
the IMF’s?
China’s?
aren’t we talking apples and oranges here?
the COT report shows open interest in the paper markets – foreign countries are buying physical gold and holding it in their hot little hands
what am I missing?
edit: China has recently banned the export of gold and is the 2nd largest producer of gold in the world – how would China increasing their gold reserves, or the Chinese people buying gold for investment, show up on the COT report?
