By Turd Ferguson | Tuesday, March 8, 2016 at 6:26 pm
With Comex gold open interest now at levels not seen since 2011, it should come as no surprise that The Cartel Banks took matters into their own hands today, disconnecting price from the USDJPY and driving it lower. Is this it? Is this the beginning of a new price raid or will their "market" simply turn and overwhelm them?
By Turd Ferguson | Monday, March 7, 2016 at 12:38 pm
Since seemingly everyone has suddenly become an expert in deciphering the weekly Commitment of Traders Reports, we thought it best to discuss again the potential meaning and significance of these CFTC-generated summaries.
By Turd Ferguson | Friday, March 4, 2016 at 6:11 pm
It was a wild end to a wild week and, though it may not feel like it, the metals and the miners finished up substantially on the week. Our attention now turns to the FOMC in 10 days and how prices may act in the days leading up to it.
By Turd Ferguson | Friday, March 4, 2016 at 12:24 pm
I was already planning to write a public article today about the massive additions to GLD "inventory" in 2016. But now, with news hitting about Blackrock's gold ETF, writing this post has clearly become a priority.
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