Update on Futures Markets up to 13/3/2021Between the last...

Update on Futures Markets up to 13/3/2021

• Between the last reported period and this period the POG has remained fairly steady so very little change in the overall net positions
• However, the volume of daily trades tell otherwise and a large and heavy volume of trades were carried out to manipulate the prices to where they currently are
• There must be a hedge on other trades which the bullion banks and managed funds have positions on at the moment.
• Clearly the POG is manipulated to move inverse to the 10yr yield, however, not a bad thing. A few months ago, spikes in the yields may have smashed the price down, now spikes in the yield don't really move the POG downwards by much, if yields don't rise much higher, safe to say the bullion banks and set a floor on the price the current level.
• It's all about inflation now. It is all over the headlines. The movement the POG moves up with the yields, strap yourselves in for a hardest bullrun you have seen to date.