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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (7770)	5/25/2008 8:50:28 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 71454

First, who is the other short 3 to 1? Small Spec? Banks/prop dealers? (as it is a zero sum game and large spec is 6/1 while hedgers only 3/1). Secondly could it that mean commercial shorters are holding back with shorting while they see that large spec is pretty long? Conclusion: Gold goes up to the point where large spec reduce their long side?

To: LTK007 who wrote (7770)	5/25/2008 9:46:53 PM
From: Real Man	Respond to of 71454

Large investors. -g- Bullion banks are happy they are using the futures, cause if they used physical, gold would sky. They might learn to take delivery, then gold WILL sky. Luckily for them, CRIMEX has really SMALL delivery limits. -g- Guess why? Here is what happened to silver in Aug 97/Feb 98 when Buffett decided silver was undervalued and bought a small (for him) 100M Oz position (worth about 1/2 a billion). As long as they can keep this bullish interest on paper (futures), they can control the price. GLD market cap is 19.26 Billion. That's most of retail interest. Compare to the market cap of GOOG, RIMM, AAPL, BIDU, or AMZN. -g- Does not mean gold can't crash - while this bullish investor interest is on paper, price of gold can and will be controlled in the futures market. Once folks take posession of the physical, it will be completely out of control. -g-