Precious and Base Metal Investing 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 : Precious and Base Metal Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jimsioi who wrote (18812)	8/30/2003 6:41:34 PM
From: The Vet	Read Replies (1) of 39344

COTS.. A quick calculation of open interest of 262k tells me it represents over 800 tons of gold.. Seems to me that if the longs stuck to their positions the shorts just might have a bit of trouble coming up with that amount of gold.... Apparently if you have unlimited credit you can just keep selling paper until the longs capitulate through force of numbers, but just maybe there are some heavyweights among those longs this time who are going to make the shorts show their hands!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next