"Touradji, 36, the former Tiger Management LLC trader, told investors in March that a ``buying orgy'' in commodities was inflating prices and increasing the risk of a collapse."
The COT for most commodities shows that there has been a large decrease in the Open Interest over the past 2 months. But copper and most commodities still retain high prices. So is the wash-out over? Based on the COT, it may be close.
