Bauer: Potential ‘Violent’ Move in Crypto, Finally Turning Short on Gold

Scott Bauer covers the commodities market – and finally took a short position in gold. After months of “buy the dip,” he thinks price has gotten “a little too far ahead.” However, this is only a short-term short: he’s long-term bullish on the metal. Turning to crypto, Scott notes that historically, when bitcoin “coils” into a range, it usually precedes a “violent” move up or down. Lastly, he looks at crude oil, which he still thinks of as “buy the rip.”

Market On Close

08 Sep 2025

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