Which Golden Horse to Back?

Posted | 12/08/2015 / Views | 2904
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We’ve written a few times of late about the very interesting, possibly instructive, changes on the COMEX.  Below are a couple of graphs that put this into clearer perspective.  Understanding that the Managed Money is the speculative hedge funds and Commercials are the big banks and hedgers is important and ties in with yesterday’s article.  The speculators are so bullish on the free money / anti gold game continuing they have taken up a record first ever net short position on gold.  The experienced Commercials on the other hand have a historic knack for being correctly positioned at major turning points in a market.  Note below they are at their lowest net short position in gold since the start of the secular bull market in 2001. The choice is yours… the fast, speculative money or the experienced money… which cue do you take?

Which Golden Horse to Back?

Which Golden Horse to Back?

It’s the EKKA holiday in Brisbane here today so our store is not open.  We have however just upgraded our webstore and mobile phone platform to make both even easier and more intuitive to use.  Why not give it a go today?  Remember web prices are lower than in store and you have the choice of having us hold it here for 30 days, sending it to you by insured courier, or sending it to Reserve Vault for you to put away in your own safe or them to put in your custodial safe.  Couldn’t be easier!  We’d love to hear your feedback on the new store experience, just shoot us an email to [email protected] .