Large Specs Net Short Gold First Time Since 2001: Buckle Up!
Mike Mish Shedlock
Futures Only Gold Futures Positioning
Net Spec Short Position
That Tweet counts Futures and Options on Futures. I posted futures only.
As I have commented before, sentiment is extreme, but it can always get more extreme.
With that out of the way, I think Hickey and Fleckenstein have this correct.
This is an exceptionally good gold setup.
Mike "Mish" Shedlock