Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: crustyoldprospector who wrote (16919)	8/16/2003 10:42:14 AM
From: Little Joe	Read Replies (6) of 39344

Crusty: If you go back through the posts on this thread, all we have heard is that the commercials are bearish, the COT numbers suggest a break and still gold remains strong and gold stock stronger. What we have seen is higher commercial shorting against a higher gold price. Maybe we have it wrong. We should buy when the Commercials are short. The idea that we should trade with the commercials sounds great in theory, but if anyone did that during this gold bull which began at 260, they would be broke by now. I suggest that this "indicator" is bogus. Little joe

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