{"id":88420,"date":"2009-12-18T08:37:00","date_gmt":"2009-12-18T13:37:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/everybody-is-still-long-gold-2009-12"},"modified":"2009-12-18T08:37:00","modified_gmt":"2009-12-18T13:37:00","slug":"everyone-is-still-massively-long-gold","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/88420","title":{"rendered":"Everyone Is Still Massively Long Gold"},"content":{"rendered":"<p><div style=\"float: left; padding: 15px 15px 15px 0;\">\n<script type=\"text\/javascript\">\/\/ <![CDATA[\ntweetmeme_source = 'moneygame'; tweetmeme_service = 'bit.ly';\n\/\/ ]]><\/script><br \/>\n<script src=\"http:\/\/tweetmeme.com\/i\/scripts\/button.js\" type=\"text\/javascript\"><\/script>\n<\/div>\n<p>Gold&#8217;s sudden drop still hasn&#8217;t scared off commodity speculators. They remain at record levels and the market is massively net-long, according Citi&#8217;s Alan Heap in his latest December 18th &#8216;Commodity Heap&#8217;.<\/p>\n<p style=\"padding-left: 30px;\"><span style=\"text-decoration: underline;\">Citi&#8217;s Alan Heap:<\/span> Speculators Stay Long &mdash; Despite the recent USD strength, speculators have not liquidated positions in metals. Total LME open interest positions were largely stable since early December (Figures 8-11). COMEX non-commercial positions in gold and copper continue to increase (Figures 6-7).<\/p>\n<p>The yellow line below represents the net long position, which remains at record levels.<\/p>\n<p style=\"padding-left: 30px;\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b2b83a60000000000e69913\" border=\"0\" alt=\"Gold\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/everybody-is-still-long-gold-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/cibc-there-is-no-gold-bubble-diversification-needs-and-a-mining-shortage-will-push-it-to-1400-2009-12\">CIBC: There Is No Gold Bubble, Diversification And A Mining Shortage Will Push It To $1400<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/goldman-oil-going-to-90-gold-to-1350-2009-12\">Goldman: Oil Going To $90, Gold To $1350<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/long-norway-short-gold-2009-12\">How To Hate The Dollar And Short The Gold Hype At The Same Time<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/ym38Jx6-uhU\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold&#8217;s sudden drop still hasn&#8217;t scared off commodity speculators. They remain at record levels and the market is massively net-long, according Citi&#8217;s Alan Heap in his latest December 18th &#8216;Commodity Heap&#8217;. Citi&#8217;s Alan Heap: Speculators Stay Long &mdash; Despite the recent USD strength, speculators have not liquidated positions in metals. Total LME open interest positions [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-88420","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/88420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=88420"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/88420\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=88420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=88420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=88420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}