SI
SI
discoversearch

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 : Gold Price Monitor
GDXJ 126.30+3.6%Jan 12 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Square_Dealings who wrote (64747)2/27/2001 10:55:22 PM
From: long-gone  Read Replies (1) of 116853
 
<<I notice on the message boards there is a concerted effort by the shorts. Also notice gold down after hours.>>

BUT did you also notice it did NOT give back everything gained in the last few days? Have lease rates returned to the 1.5% range?

<<I think we have not seen the short covering yet that will send gold over 300/oz but we are close. >>

Could it be possible the shorts have such a large position they can NOT COVER? Didn't you see my post that showed the suspected shorts are in trouble for other leveraged loan positions?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext