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Gold/Mining/Energy : GOLD-XAU
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To: Don Green who wrote (940)12/31/1997 10:56:00 PM
From: rdww  Read Replies (1) of 1756
 
I understand too well - shorts covering bring up a market. Thanks.

But the gist was that "gold borrowed by the bullion dealing community to finance speculator short selling is sold into the market immediately, increasing the physical supply and exerting downward pressure on the price."

This means that SHORTS affect the both coming and going of the price, as they supply the physical to drop a price by supplying liquidity.
This is more than negative atmosphere.

Hoping that this helps.
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