CDN. MOMO PUPPIES Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : CDN. MOMO PUPPIES

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Osprey who wrote (9741)	9/29/1999 10:01:00 PM
From: Lola	of 36688

Kaiser did have some very good points in his email though. I'll list some of them . . . - it is estimated that the gold carry trade has allowed a short position of central bank leased gold to accumulate to as high as 14,000 tonnes - the gold short positions are supposed to be protected through call options but it appears that many have engaged in the gold carry trade without buying the calls as insurance against gold prices exploding - the recent explosion in the POG has been because of a short squeeze intensified by the fact that many producers also covered their own shorts - the increase in the POG was also aided by an expiry of a big batch of call options which are not replaceable in the current market except at big premiums - the public may view gold as a momo play (imagine that!) Lola:)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next