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Politics : Welcome to Slider's Dugout
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To: SliderOnTheBlack who wrote (439)8/19/2005 8:22:15 PM
From: ecrire   of 50677
 
A lot is being made of the sharp increase in Gold Commercial shorts which, on the face of it, looks bearish.However, having been involved both on the commercial as well as the speculative side of commodities for some years, I have seen numerous instances of such a robotic analysis being very untimely.I realize that gold has it's own characteristics and probably managed and manipulated, but if a real trend, of solid demand foundation is ever established, it will persist and overcome the occasional barrier. I just don't know whether we are at such a juncture.
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