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StephanJK
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Why the Super Bearish PM COTs Portend a Plunging Euro - Clive Maund -

Short Gold and Silver because of superbearish COT....this sound a little bit to simple for me. Currently you read the same everywere, it seems to be common sense, that the commercials are ALWAYS right. Frankly, I doubt that, trading never works that way. It can easily be, that the precious metals show resistance or fall only a bit in the short term. When commercials realize, that they won't succeed with their short efforts anymore, they will cover and we will witness an explosive rally to the upside. Just a scenario...

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Beginning of the headline :It was ironic that when Dr Watson complained to his companion Sherlock Homes that he had a stomach ache, Holmes clarified the situation at once by saying "Alimentary, my dear Watson". More generally, the legendary sleuth of Victorian London would make light of his accomplishments after solving cases that baffled the police, by remarking "Elementary, my dear Watson". Doubtless this expression was deeply irritating to his arch-enemy Moriarty. Today we are going make light of what to other analysts... Read More

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