The Golden (Sentiment) Rule: If It Isn’t Off The Chart Now, It Soon Will Be

Tyler Durden's picture

Remember: what is unsustainable, can never crash, or so those who can create virtually unlimited naked shorts out of thin air would like everyone to believe.

Gross exposure - new all time record shorts:

 

Net: lowest longs in a decade:

 

Comex Registered gold inventory: decade lows:

 

Total Comex gold inventory: lowest since 2008:

 

Two final ones, but without the charts:

JPMorgan total gold vault holdings: record low.
 

Bundesbank gold repatriation: ongoing.