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Looking Ahead To The CoT Reports For Gold and Silver

Cory
May 30, 2019

With speculators continuing to build on their shorts in gold and silver Craig Hemke, Founder of TF Metals Report joins me to look ahead to what we could see on tomorrow’s CoT report. These CoT reports are not great timing indicators but they can show extemes in large money positioning. Right now the so called “dumb money” is short PMs.

Click here to visit Craig’s site for more metals commentary.

Discussion
8 Comments
    May 30, 2019 30:27 PM

    WOW…Heavy……It is veeeeery comlicated to trade the miners…I will have to dig in deep and follow my system which has a positive expectancy….No emotion only decision points…For instance, if /GC closes over its weelky Oscillator unchange line at 1294 and because the XAU daily generated a bullish engulfing candle today with RSI divergence with price at the bottom of a completed pattern…My decision lies ahead soon……It is always really really hard to tell the future…lol

    May 30, 2019 30:05 PM

    Excellent Craig.

      May 31, 2019 31:28 AM

      +1. This was without any doubt one of the best listens in weeks! JMO

    cfs
    May 31, 2019 31:31 AM
    cfs
    May 31, 2019 31:46 AM

    Malaysia’s Mahathir proposes common East Asia currency pegged to gold

    KUALA LUMPUR (Reuters) – Malaysian Prime Minister Mahathir Mohamad on Thursday mooted the idea of a common trading currency for East Asia that would be pegged to gold, describing the existing currency trading in the region as manipulative.

    cfs
    May 31, 2019 31:08 AM

    Catherine Austin-Fitts:

    https://youtu.be/L5QU0-KTFlw?t=308