The gold price in USD fell by 3% in the first half of August, declining below critical support at USD $1200oz, though it has since bounced back above this level. The savage sell off represented the culmination of a four month drawdown for the yellow metal, with the gold price... Show More
The short positions across the 4 major banks has been rising. In particular, CBA has accumulated significant short positions over the past two months with A$2.0bn outstanding, up from a low of A$0.7bn in May. Keeping in mind, retail investors still have ~2 weeks to decide whether to apply for... Show More
Our U.S growth expectations have taken a very sudden nosedive and have led us to close our profitable long position we have held since early February and as of this morning we are now short stocks in the U.S. Targeting to profit as the market goes lower. Show More
A downward trend might just be on the verge for the US Dollar against the Japanese yen (USDJPY). The greenback has broken below the base of the daily ichimoku cloud three times in the past three trading days, but without closing outside of it. If it so happens to do... Show More
Managed Money couldn't be much more bearish on both gold and silver. Despite a relatively quiet week for the precious metal complex, with a small rally back above USD $1260oz for gold, managed money is about as bearish as it gets. When we look at both gold and silver, short positions... Show More