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


To: IngotWeTrust who wrote (71895)6/17/2001 2:01:05 PM
From: long-gone  Respond to of 116795
 
<<Are you trying to say that if hedges are covered in a coordinated fashion, then there is/are no gold spikey crisis/es looming, reason being, that as hedges are covered, more supply returns to "the den of iniquity" for loaning out to the next one and the next one and the next one...>>

Just saying that with every dollar that gold goes up per oz there is smaller number of dollars at risk on short side. If naked shorts are (as some guess)1000 tonnes today there would be $578718000 less short interest today than before. Maybe not "to big to fail"?

Less than a few billion ain't no real hurtle for these steppers is it?