We have no idea what actually motivates
the recent speculative position, particularly in view of the fact that other industrial and precious metals (silver is both) are generally getting a lot more love.
Not exact matches
While there has been a substantial scaling back in
speculative short
positions against the US currency in
recent months, especially vis - à - vis the euro, there is little sign that long
positions in the Australian dollar have been trimmed.
The most
recent Commitments of Traders (COT)
speculative positions (chart below) suggest otherwise, and a comeuppance ahead for dollar bulls.
When heavy «risk - on»
positions established in
recent months are forced to squeeze out through a narrow exit, large price adjustments may be needed, since investors who are less tolerant of
speculative risk seem unlikely to respond with the requisite demand until improved valuations provide a sufficient incentive.
In the theoretical field, Bruno Latour calls for a «parliament of things», while a
recent philosophical movement, «
Speculative realism», criticizes anthropocentrism and the notion of «human finitude» so present in western thought: for those philosophers, thinking and being are not correlated, and the human individual does not have any preeminent
position in the access to being.