John commented on Gold's $20 spike on Friday due in large part to Fed Chair Powell's dovish statements. It's been a grinding depressing stretch for precious metals. But the latest COT report shows the speculators are net short, the last time this happened was in 1999, the beginning of a long glorious run. The tree does not grow to the sky. 

Direct download: John_Rubino_27.Aug.18.mp3
Category:general -- posted at: 12:27pm EDT



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