Gold Fever

[4plexowner]

IMF to Proceed with Limited Sales of Gold
http://www.imf.org/external/pubs/ft/survey/so/2009/POL091809A.htm

“up to 403.3 metric tons”

400 tons of gold that won’t show up in the COT report

[peterb]

I’m pretty sure gold is the only asset that’s at it’s all-time high right now. The important thing to keep in mind is that it’s holding it’s position as other assets jump around from 50% to 75% of their highs. Gold does very well in times of economic uncertaintity. The world thinks of it as safe money.
I think we’ve got this in spades and will continue to have it for some time.

If you measure gold/commodities, you can see that it slides in value during heavy economic growth and rises during heavy economic turmoil.

[peterb]

I’m pretty sure gold is the only asset that’s at it’s all-time high right now. The important thing to keep in mind is that it’s holding it’s position as other assets jump around from 50% to 75% of their highs. Gold does very well in times of economic uncertaintity. The world thinks of it as safe money.
I think we’ve got this in spades and will continue to have it for some time.

If you measure gold/commodities, you can see that it slides in value during heavy economic growth and rises during heavy economic turmoil.

[peterb]

I’m pretty sure gold is the only asset that’s at it’s all-time high right now. The important thing to keep in mind is that it’s holding it’s position as other assets jump around from 50% to 75% of their highs. Gold does very well in times of economic uncertaintity. The world thinks of it as safe money.
I think we’ve got this in spades and will continue to have it for some time.

If you measure gold/commodities, you can see that it slides in value during heavy economic growth and rises during heavy economic turmoil.

[peterb]

I’m pretty sure gold is the only asset that’s at it’s all-time high right now. The important thing to keep in mind is that it’s holding it’s position as other assets jump around from 50% to 75% of their highs. Gold does very well in times of economic uncertaintity. The world thinks of it as safe money.
I think we’ve got this in spades and will continue to have it for some time.

If you measure gold/commodities, you can see that it slides in value during heavy economic growth and rises during heavy economic turmoil.

[peterb]

I’m pretty sure gold is the only asset that’s at it’s all-time high right now. The important thing to keep in mind is that it’s holding it’s position as other assets jump around from 50% to 75% of their highs. Gold does very well in times of economic uncertaintity. The world thinks of it as safe money.
I think we’ve got this in spades and will continue to have it for some time.

If you measure gold/commodities, you can see that it slides in value during heavy economic growth and rises during heavy economic turmoil.

[4plexowner]

“The net position would not be declining this much.”

I’ve seen at least two analysts comment on this

One was saying this means there is lots of room for people to enter the market on the long side – net open position today is considerably lower than it was the last time gold was pushing up to all-time highs

The other was suggesting that traders have become fed up with trying to trade a manipulated market and have moved on to other markets / venues – this disgust with a manipulated market explains the declining open position

As I was saying earlier, this is just interpretation of the data – the only fact we have is that open interest is declining

As participation in the market declines, isn’t the validity of the COT report lessened – fewer participants, more volatility, more easily manipulated, less reliable report?

[4plexowner]

“The net position would not be declining this much.”

I’ve seen at least two analysts comment on this

One was saying this means there is lots of room for people to enter the market on the long side – net open position today is considerably lower than it was the last time gold was pushing up to all-time highs

The other was suggesting that traders have become fed up with trying to trade a manipulated market and have moved on to other markets / venues – this disgust with a manipulated market explains the declining open position

As I was saying earlier, this is just interpretation of the data – the only fact we have is that open interest is declining

As participation in the market declines, isn’t the validity of the COT report lessened – fewer participants, more volatility, more easily manipulated, less reliable report?

[4plexowner]

“The net position would not be declining this much.”

I’ve seen at least two analysts comment on this

One was saying this means there is lots of room for people to enter the market on the long side – net open position today is considerably lower than it was the last time gold was pushing up to all-time highs

The other was suggesting that traders have become fed up with trying to trade a manipulated market and have moved on to other markets / venues – this disgust with a manipulated market explains the declining open position

As I was saying earlier, this is just interpretation of the data – the only fact we have is that open interest is declining

As participation in the market declines, isn’t the validity of the COT report lessened – fewer participants, more volatility, more easily manipulated, less reliable report?

[4plexowner]

“The net position would not be declining this much.”

I’ve seen at least two analysts comment on this

One was saying this means there is lots of room for people to enter the market on the long side – net open position today is considerably lower than it was the last time gold was pushing up to all-time highs

The other was suggesting that traders have become fed up with trying to trade a manipulated market and have moved on to other markets / venues – this disgust with a manipulated market explains the declining open position

As I was saying earlier, this is just interpretation of the data – the only fact we have is that open interest is declining

As participation in the market declines, isn’t the validity of the COT report lessened – fewer participants, more volatility, more easily manipulated, less reliable report?

[4plexowner]

“The net position would not be declining this much.”

I’ve seen at least two analysts comment on this

One was saying this means there is lots of room for people to enter the market on the long side – net open position today is considerably lower than it was the last time gold was pushing up to all-time highs

The other was suggesting that traders have become fed up with trying to trade a manipulated market and have moved on to other markets / venues – this disgust with a manipulated market explains the declining open position

As I was saying earlier, this is just interpretation of the data – the only fact we have is that open interest is declining

As participation in the market declines, isn’t the validity of the COT report lessened – fewer participants, more volatility, more easily manipulated, less reliable report?

[4plexowner]

“the commercials have their largest short position in history”

if we follow the trail of these short positions they eventually lead to the Chinese derivative issue that we have been discussing in other threads

if the Chinese walk away from the derivatives in question, the short positions you are referring to blow up

where does the COT report show the Chinese walking away from their derivative positions?

[4plexowner]

“the commercials have their largest short position in history”

if we follow the trail of these short positions they eventually lead to the Chinese derivative issue that we have been discussing in other threads

if the Chinese walk away from the derivatives in question, the short positions you are referring to blow up

where does the COT report show the Chinese walking away from their derivative positions?

[4plexowner]

“the commercials have their largest short position in history”

if we follow the trail of these short positions they eventually lead to the Chinese derivative issue that we have been discussing in other threads

if the Chinese walk away from the derivatives in question, the short positions you are referring to blow up

where does the COT report show the Chinese walking away from their derivative positions?

[4plexowner]

“the commercials have their largest short position in history”

if we follow the trail of these short positions they eventually lead to the Chinese derivative issue that we have been discussing in other threads

if the Chinese walk away from the derivatives in question, the short positions you are referring to blow up

where does the COT report show the Chinese walking away from their derivative positions?

[Author]

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