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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (18919)	12/18/2004 10:51:35 AM
From: orkrious	Respond to of 116555

Although the specs are net heavily long gold, spec disbelievers are short 91,870 contracts. mish, there are also a lot of shorts in gold stocks. Look at NEM. three days worth of trading volume is short. that's not a lot compared to something like ACF, but it shows there's a lot of disbelief. I hope you're wrong about silver. I have a lot of PAAS. Heinz has always said at some point the specs will be right about gold and silver. at the margin, they are what are going to propel the PM's to new heights. at some point the PM's will decouple from the dollar. according to this barron's article, it may be soon. As Jay Chen would say, DUGUEED <g> Message 20869025