Commitment of Traders Report 04/06/10

The Commitment of Traders Report is a very useful tool in determining who is doing the buying and selling in the gold market.

As you can see from the graph below, the commercials (Banks) are shorting gold (blue bars), while non-commercials (That's the rest of us!) are buying gold (yellow bars).

What does this tell us?

It tells us that without the large-scale effort by the bullion banks to short gold and force its price down, the price would be many times higher than at present.

How long can the banksters keep the lid on gold's price? Who knows. But even IN SPITE OF their massive efforts to suppress gold's price, it has managed to quadruple over the last 10 years.  Stocks, bonds and bank accounts haven't even come close to this type return.

If/when the day comes that they can no longer suppress the true market price of gold, you will want to be "all in."