For anyone who would like some revenge that suffered in the gold market, this is for you.

If KWN readers around the world would like to have a good laugh at the end of a wild trading week, it turns out that commercials in the gold market had their largest short position in history going into the Brexit “Leave” vote that sent gold skyrocketing (see stunning 23-year chart below).

23-Year Chart: All-Time Record Commercial Short Positions In Gold

KWN I 6:24:2016

The short squeeze in gold couldn’t happen to a nicer bunch of crooks (the bullion banks). ***Due to the enormous volatility in the aftermath of the Brexit vote, KWN will be releasing updates and interviews all day today.

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