Tag Archives: record speculator position

Commitment of Traders Report Shows New Speculator Record Position in Gold

It’s one thing to hypothesize that a market is in a speculative bubble; it’s another to let the data write the story. According to the current Commitment of Traders report, large speculators just set e new net long record of 301,920 contracts. This eclipses their previous record of approximately 266,000 contracts set just this past May. We moved out to a weekly chart in order to provide some context for the current situation.

Continue reading Commitment of Traders Report Shows New Speculator Record Position in Gold