Friday, February 5, 2010

Commitments of Traders

Those who wish to get a leg up on what the CoT structure of gold and silver are like this week (as of Tuesday) might wish to go here and hang around waiting for the release @ 3:30.  Sort of like we do on Fed day when our policy makers pretend to make important decisions.

Commitments of Traders

I'll edit a graph into this post later.  I wonder if it will be as good as I suspect.

Edit (3:34)  The graph is not updated yet but it appears gold made progress, silver made excellent progress (why, I even bought SLV earlier today) and it looks like some commercials don't like Uncle Buck very much this week.  Please, I beg of you to look at this mess like a contrarian.  The herd is buying dollars and dumped its silver and gold.  Wash, rinse...  Edit (6:40)  Adding CoT Gold & Silver graphs. 

A good day my friends... a real good day.

Now go have a nice weekend!