The comedy show continues the last hour of every trading day but is especially bad on Friday afternoons.
The COT Report is turning into an epic battle in the gold market as the banksters are now net short almost 200K contracts – I’d say unprecedented.
The funny thing is that the funds are going toe to toe on the long side. I guess that would explain gold going nowhere.
http://www.cftc.gov/dea/futures/deacmxlf.htm
If the Fed is pumping up the SM so they can raise on Tuesday, we’re going to get crushed. I guess the opposite is true if they don’t raise.
I’m getting really tired of manipulated markets.