COT’s have been a mess for at least a couple of months now so Hoye has no argument there.
Maybe Gold is hosed because of the COT’s, I’m just wondering what will happen when the dollar catches up to the falling interest rates.
Course gold and silver ARE the most manipulated markets on the planet. How else could the COT’s be explained?
I’m looking for China to come out either this weekend or next saying they are going to dump US treasuries.
We’ll see what happens.