2013-07-23

Visualizing the Death of Paper Gold

Net speculative positions in gold contracts (from the CFTC's COTS report) versus the price of gold (as measured by GLD). The bullish speculators are exiting the paper market in droves leaving the bears behind.

Jim Sinclair: "A picture of the "Emancipation" of physical gold from fraudulent paper gold."

No comments:

Post a Comment