Zeev's Turnips Patch-No Politics (ZEEV)

[hightecheast]

<<Btw, your assertion, "with gold, the commercials are just about always net short by some amount as many producers still hedge their future sales" is incorrect.

The commercials are usually on the other side of the secular trend in the gold futures market and as a result were long throughout most of the multi year bear market preceeding the current bull.>>

I agree, only net short consistently since about May, 2001