Banks Had Largest Gold Short Positions in History Heading Into Brexit as “Leave” Vote Sent Gold Skyrocketing

June 25, 2016

For anyone who would like some revenge that suffered in the gold market, this is for you.

If KWN readers around the world would like to have a good laugh at the end of a wild trading week, it turns out that commercials in the gold market had their largest short position in history going into the Brexit “Leave” vote that sent gold skyrocketing (see stunning 23-year chart below).

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