Gold & Silver CoT; the Goons Start to Unwind

Fear not my gold buggy friends, the goons have started the process of sanitizing the Gold and Silver CoT structures. Why, look at those large Spec longs bailing out and those Commercial shorts covering. The little (non-reportable) guy is actually playing contrary hero and adding gold while puking and shorting silver. I don’t make much of his actions.

All in all a CoT report doing as expected, given the big hit to the metals last week.

gold cot

silver cot

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