IS GOLD STRENGTH IMMINENT AS COMMERCIAL BUYERS GET LONG?By Trey Reik, Senior Portfolio Manager, Sprott USASeptember 21 (King World News) – It finally happened. The CFTC (Commodity Futures Trading Commission) reported (Sept. 4, 2018) that for the first time in 17 years, commercial participants in gold futures flipped their COMEX positioning to net long. In gold pits, commercials are generally regarded as smart money because, unlike hedge fund speculators, gold commercials have little investment agenda outside hedging jewelry inventories, executing central bank directives and serving as funding foil to managed money on COMEX…"
at https://kingworldnews.com/alert-one-of-the-greats-in-the-business-just-flashed-this-major-alert-on-gold/
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