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To: Bid Buster who wrote (261835)9/25/2003 4:01:43 PM
From: Real Man  Respond to of 436258
 
It's all about delivery. If calls are called, and you ain't got no gold, price goes up.



To: Bid Buster who wrote (261835)9/25/2003 4:10:06 PM
From: Real Man  Read Replies (2) | Respond to of 436258
 
I think if just 10,000 contracts are exercised, more than 1/3 of 2,800,000 OZ of comex gold will be gone, and we'll see some huge short covering panic, which could take gold far above 400. Gold bugs don't believe that. That's why they sold today. It could be a mistake, I don't know.