Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Silver Super Bull who wrote (7566)	2/7/2003 3:02:38 PM
From: jrhana	of 39344

I think you might be right about some of the selling pressure being from small speculative longs, for now they are feeling the pressure. However in the long run the weeding out of weak, margin dependent longs will make the POG less vulnerable to short attacks. In addition and more importantly as the POG continues its inevitable march forward, the short interests will have to pay attention no matter how big they are as their margin calls grow. Now those margin calls on the shorts will be increasing at a more rapid rate. I do not see any evil here.

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