Ask Michael Burke 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.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Freedom Fighter who wrote (58623)	5/5/1999 4:14:00 PM
From: Broken_Clock	Read Replies (1) of 132070

Wayne, <<So that even if the gold bugs are right in the long run, I suspect that anything and everything will be done to depress its price in the mean time to advance the agenda of fiat money and protect all the short positions etc...>> I agree with all you stated, however, i have tried to go one step beyond. -g- the outer limits of speculation if you will. The spread between xau and gold has sharply narrowed this past few weeks. Why? Volume has also been very high on the xau leaders. i suspect that the "shorts" are hedging their shorts by going long xau, specifically the liquid majors....NEM, ABX, PDG, HM. If they lose the gold war, they win anyway by being in the xau ahead of the crowd. Thoughts?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next