John Rubino – When Powell Speaks, Gold Listens (Video)
John Rubino – When Powell Speaks, Gold Listens Video – FSNGoldandsilver
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.