Tal
530 posts

Tal
@Silver_Watchdog
gold, silver and oil investor, . #Oilers





Everything in my life changed when I became a Christian It is THE driving motivation and focus of everything I do















@MarraForCouncil FINTRAC? Cheap mortgage rates are more like it.



#Gold, #silver & $GDX are NOT breaking out here. Everyone looking at the same “wedge” with the same subjective trendlines. It’s mostly meaningless. What matters FAR more is horizontal support/resistance & so far, we’re stopped dead, same place we were a month ago on #gold./




The Banks ramped up their net shorts again by 24% in 3 weeks to 246k (Highest since peak in Sep'24), as #Gold rose 4.5% during the same period. The Funds did the same on long side, increasing their net long position by 30% to 216k. This was their second biggest net long position since Feb 2020. Banks and Funds loading up short and long respectively near record highs in Gold does not bode well for the metal going forward imho. Chinese New Year holidays start Tuesday.








