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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (17999)6/20/1999 11:30:00 PM
From: Zardoz  Read Replies (1) | Respond to of 99985
 
all this lending out of gold will one day light a fire under the price. if only we knew when that day will come..

True, IF someday all CB call in the loans at the exact same time. What are the chances of that? Even then I'd speculate that the institutional holders would sell options/forwards into the buying spree. Thus placing an artificial cap on the rise. Short squeezes are short in nature, and seldom climb high.