Search completed
Gene Arensberg at Resource Investor writes that three US banks currently account for 66.97% of all the commercial net short positioning on the COMEX for gold futures. He goes on to mention that the market manipulation is even more egregious for paper silver, as only 2 US banks hold a “sickening” 98.64% of all short […]
Some good recent hits from Jim Rogers: The US dollar is in trouble Oracle Rogers sees worse recession ahead Says he’s currently long the Swiss Franc, Japanese Yen, and airline stocks (as a contrarian play). Also thinks coffee, cotton, sugar, silver, and zinc look potentially attractive (this is usually Rogers’ code for – these are […]
A contemplation on my trades from the week that was: Shorted the British Pound (again) – Roll over, Sterling! The trend is my friend, the trend is my friend, the trend…bad economic data keeps on coming from the UK. This move was long overdue. Went long Coffee – I absolutely DON’T like the way coffee […]
A review of trades from the week that was: Covered my Soybean Short – beans rallied, along with the rest of the grains. Closed this out at a loss. And a good thing too – the grains markets continue to rally strong, even into the Asian session this evening. I can’t make heads or tails […]
Recent Comments