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 & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: The Vet who wrote (12154)	2/23/2008 8:57:31 PM
From: Tommaso	Read Replies (1) \| Respond to of 29622

Well, that's my point. Any money or credit available from shorting GLD may be going into things quite remote from the gold market. Maybe ten-year Treasuries. But the short positions do have to be closed or at least covered sooner or later, and it could be ruinous to those holding the positions. And simultaneously ruinous to people leveraged long in Treasuries. And doubly so for those in both positions. I think that anyone who is long paper and short gold is simply insane.