SI
SI
discoversearch

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 : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: TrueScouse who wrote (5234)5/24/2002 6:32:45 PM
From: Little Joe  Read Replies (1) | Respond to of 8010
 
Howy:

Another concern is that the Commercials in silver and gold are still short a bunch. These guys have lost a ton, and they are still short. What do you make of that. Also, if it is true that the hedgebooks are being closed by many mines (who would be commercials) why are commercials net short?

We have to think about adverse possibilities to protect our profits at this time. That is why I bought a few puts for protection.

Little joe