well attended.
Lots of good observations and questions
went for over 2hrs 30 minutes. 2 hours captured
Still did not finish
Bottom line: Bullion banks again were seen covered shorts into strength… aka losing money.
Funds sold. Who capped the rally is not known, but despite my personal BiS bias/intuitions, the data smacks more of Macro D selling to Bullion banks and small momentum funds buying.
Which makes me less bearish…..
