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SPDR Gold Trust
Long

LONG GLD

By ryandbaird
Alternative currency commitment of traders report showed hedge funds and other speculators still remain extremely underexposed towards the precious metals sector. Hedge fund positions on Gold remain at very low levels of 43.7 thousand bullish contracts, while in Silver positioning are at some of the lowest ever at only 3,900 contract level. Hedge fund positions on Gold are the lowest since 2005 and small speculators the lowest since 2001. In Silver the overall bets are the lowest in at least 20 years! This is a once in a lifetime buying opportunity IMHO. Buy fear; Sell Greed!
ryandbaird
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