At a bottom now for gold? Message Board

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Gold/Mining/Energy : At a bottom now for gold?

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To: Bobby Yellin who wrote (758)	9/7/1997 1:59:00 PM
From: Chispas	of 1911

Bobby--This has been an ideal year for short sellers to play on all the negative stories about gold. The best one is probably "Who would want to put money into gold when you can make 30% on Wall Street." We're now seeing the gold market start to inch-up. The "short" game may be winding-down. A little "squeeze" here, and another there, and the shorts may have put themselves in just the right place to "squirt" gold prices up much faster than they went down. A little bit of short covering will go a long way to getting things started in the right direction. Chispas

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