Replies to post #146641 on Zeev's Turnips Patch-No Politics (ZEEV)

[TJ Parker]

Seems obvious to me that any increase in the speculative long position is bullish for gold, bwdik?

this question crossed my mind in the past also: isn't that commercial short position that everyone always fears just the 'other side' of the existing long positions? (they net out to zero, right?)

[basserdan]

Seems obvious to me that any increase in the speculative long position is bullish for gold, bwdik?
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Hi oeo2oo,

Obvious?
Not to me.....
From looking at that WGC graph?
How can you tell?
Where is the spec long psition indicated?

Have you seen the COT graphs I use?
Those, to me, are easily understood.

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