@CVecchioFX@IlyaSpivak Thanks a lot for the reply. But it looks to me the latest data from SAFE is up until May 31st, not including any June data. Anyway,I do think your point is very insightful. In May 2016, thePBOC only paused buying gold for one month. Markets not pricing in PBOC rebuying right now.
@EnergyPhilFlynn Hi Phil, you mentioned in this article that "We came into this week with an almost record short position". However, it looks like the CTFC net short positions data are far from record. May I ask which data are you referring to?
@Jkylebass How interesting! Mr. Kyle Bass said on CNBC that Xi is the first Chinese president visited the Middle East, which is wrong. In fact, President Jiang Zemin visited Saudi Arabia, which is part of the Middle East, in 1999. Please do more homework @Jkylebass@CNBCFastMoney@SullyCNBC
@inflation_guy Hi Michael, the CDC extended the eviction moratorium until the end of July. However, it seems to me that the market isn't caring about inflation an present, at least in the bond market. If I may ask, do you expect the 10 year treasury yield hitting 2%?