Markets: What Gets Gold Going, Bitcoin Roofing

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good Morning. What gets PM Going, Bitcoin roofing, Excellent CTA coverage (Prem)WOTD: Anfractuous- adjective: Full of twists and turns.ETYMOLOGY: From Latin anfractus (winding), from an- (around) + fractus, past participle of frangere (to break). Earliest documented use: 1425.USAGE: “Yesterday the market chopped me up. It was anfractous”Contents* Current Prices * Yesterday’s Activity* Data Due* News* Markets/Metals Commentary* Attached: COTD: Yesterday’s Activity:Comment:* Precious Metals- * Oil/NG- * US equities-* Bonds- * DX-* BTC/ETH- orders indicate new ATH 30,40k 50,60k 70kWeek’s Data:* MONDAY, FEB. 26 New home sales * TUESDAY, FEB. 27 Durable-goods orders * WEDNESDAY, FEB. 28 GDP (first revision)* THURSDAY, FEB. 29 PCE index 0.3% 0.2% * FRIDAY, MAR 1 S&P U.S. manufacturing PMI Full calendarNews: Top MSM News Links HereNOTABLE HEADLINES* "The Justice Department has launched an antitrust investigation into UnitedHealth, owner of the biggest U.S. health insurer, a leading manager of drug benefits and a sprawling network of doctor groups. WSJ* Apple is canceling a decadelong effort to build an electric car... abandoning one of the most ambitious projects in the history of the company. Bloomberg* MoreGEOPOLITICS* China’s southern technology hub Shenzhen has rolled out plans for a big expansion of car exports, a plan that is likely to fuel western fears about rising Chinese competition for domestic manufacturers.* Democratic and Republican congressional leaders struck an optimistic tone that they would avert a government shutdown this weekend* MoreSome headlines via NewSquawk or DataTrekMarkets/Metals Commentary (Charts):Comment: Excerpt: What The UBS model says about CTA positioning in Commodities * CTAs bought oil and sold precious in size in February. We expect ⅔ of those flows to reverse in the next two weeks .* 'Contrarian' trades: bullish metals (both precious and industrials), bearish Oil and CoffeeMuch more in premium* Gold- Fed ease, China bazooka, CTA flows* Silver-Gold going up will trigger short covering, chart comment* Oil- * Stocks- * BTC/ETH- why new ATHs on the table* Bonds- Zen Moment:*** Holding Place***Premium Attached: Stay right here for the premium portion of the broadcast.Everything said about Gold and Silver CTAs is confirmed except the most important thing.. they might be buying again soon