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RE: GOLD ALERT! COMMERCIALS (COT) dramatically increased most long position in over 20 years. SILVER looking just fine as well. STATMAN comments.

in #gold • 6 years ago

Very bearish on gold. That chart shows me that it has exploded in price over last 30 years...will be a sizable correction to soon follow. Might see $1300/oz and as high as $1500/oz (highly unlikely) but it’s coming down. Much lower, sub $900/oz.

6 years ago in #gold by
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     6 years ago 

    Also bearish on silver long term too

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       6 years ago 

      Amen brother, you may enjoy my latest post~of~reality! Also, tha futures are thru tha roof ~ Aieeee!! Rock On . . .

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       6 years ago 

      thanks for the opinion..we'll have to see..

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