Wealth Creation Through Natural Resources
This afternoon’s Commitments of Traders report released by the CFTC was surprising in that we learned that small speculators actually increased net short length during the week ending January 5th and large speculators did not significantly increase net length (which … Continued
“Dumb money” futures traders (small speculators) piled on bearish bets in gold futures during the week ending August 4th: Small specs increased their net bearish position in gold futures by more than 50% in a single week! The net notional short … Continued
The CFTC Commitments of Traders gold report for Tuesday March 10, 2015 is a curious one to say the least. While we saw a roughly $4 billion liquidation of net long exposure by large speculators (to the smallest net long … Continued
The Canadian dollar (loonie) has completely fallen apart during the month of January, moving from 1.16CAD to the USD to over 1.27CAD to the USD this morning. By currency market standards this is an ENORMOUS move which has deep ripple … Continued
Small speculators more than doubled their net length in gold futures ahead of the ECB’s quantitative easing announcement on Thursday: This is the largest net long position in gold futures that small speculators have had since early July which happened to … Continued