Zachary Storella

Zachary Storella Articles

Gold positions gained slightly last week Gold speculators and large futures traders edged up their gold bullish bets very slightly last week to stem the decline of the previous seven weeks, according to the latest Commitment of Traders (...
Gold speculators and large futures traders once again sharply decreased their gold bullish bets last week as gold positions fell for a seventh consecutive week, according to the latest Commitment of Traders (COT) data released by the...

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In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.