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.
Strategies & Market Trends : Strictly: Drilling II
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Knighty Tin who wrote (24082)12/23/2002 12:07:36 PM
From: Silver Super Bull  Read Replies (1) of 36161
 
RE: <"if they were in trouble the last time the yellar dog went to $330, surely they would have covered much if not all of their risk on the recent downturn to $309. There was certainly plenty of supply from the public at that point.">

I'm not sure that at $309 there was enough supply to buy the quantity they would need. One of the central tenets behind the hyper-bullish "gold short-squeeze" theory is that vastly higher prices would be needed for adequate supply to become available for the shorts to cover.

DB
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News