Commodities

14. September 2018

Extreme gold positioning

For the first time since 2001, speculators became net short in gold. Previous phases of extreme positioning led to an average price gain for gold of 10.6% over the next three months and 16.2% over the next 12 months. Source: Coward, B.: „Offsides Positioning in Gold, Bonds and the US Dollar Will Make for an […]

Commodities