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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (110756)	3/8/2020 8:49:55 AM
From: Real Man	Respond to of 116816

Anything is possible. Gld takes delivery, and the shorts who don’t have enough metal are squeezed. Hedge funds know this market dynamics. You have derivatives, the tail that wags the dog, on one hand, used by banksters, but physical market shortage can be used by hedge funds to overrun this manipulation. You simply take delivery on a small fraction of your long position, and gold goes flying $200, $300, $500, $1000.... Don’t forget that all shorts on Comex are naked shorts. As they take delivery, the long position declines.