Silicon Investor (SI) -- The First Internet Community

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 : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Square_Dealings who wrote (67959)	4/20/2001 7:55:39 AM
From: timers	Respond to of 116762

how would cut rates help them?

To: Square_Dealings who wrote (67959)	4/20/2001 11:54:40 AM
From: steve susko	Respond to of 116762

the net commercial are way long, aren't they made up of big houses like Goldman Suck, and Leechman brothers?

To: Square_Dealings who wrote (67959)	4/20/2001 12:45:14 PM
From: kirby49	Respond to of 116762

Michael: <Last year I read that Goldman alone was short $32 Bln of the metal.> Where do we find the current short positions that these firms hold? Has not the double bottom that has been formed been their opportunity to cover? If they haven't covered it all, they'll have to take a loss on the rest if they can't keep the price down. stockcharts.com[l,a]daclyymy[dd][pb50!b200!c4!c9!c18][vc60][iLb14!La12,26,9!Lh14,3!Ll14!Lc20] I'm sure they are willing to take a loss on some, but as a true cynic, the timing is crucial as the next move will involve selling their own firms before they take that loss so they get their money out and leave the rest of the bagholders with hands half full. It's too bad cause it is time they were all crushed. Regards Bob

To: Square_Dealings who wrote (67959)	4/20/2001 12:49:01 PM
From: Michael Collings	Read Replies (3) \| Respond to of 116762

Why have the analysts at brokers like Lehman, Solomon, Goldman etc etc. all come out repeatedly downgrading gold and gold mining shares? Michael: Goldman downgraded NEM today, JPM downgraded last week. Short interest in NEM is up 12.5% to 9,350,341 shares as reported in today's WSJ. Either the shorts are right or we're in for a good squeeze.