SI
SI
discoversearch

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 Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: robnhood who wrote (9031)3/29/1998 7:04:00 PM
From: Bruce McGaughey  Read Replies (1) | Respond to of 116786
 
"I assume it was done this way so as to prevent
anyone else from hopping on board. The pattern of trading on Friday also suggested
large accumulation. Large buying would come in and drive the prices up 1/4 or 3/8, and
then a 1/2 to 3/4 hour pause while they backfilled a little, and then boom, again a surge
of buying would come in.

russell

Very interesting, Russell.
It's my contention that when the metals move, they will move
BIG. I think we saw that on Thurs and Fri.
Hope it continues next week.
If you want some darn good reading, look at this from
"The Privateer".
(If you poke around a bit, you'll see some really neat graphs, too.)
the-privateer.com



To: robnhood who wrote (9031)3/29/1998 8:41:00 PM
From: skelly  Respond to of 116786
 
The declared short position of abx on the tse as of 03-13-98 is over 14 million shares. I do not know how many are short on the NYSE. If gold moves up substantially there could be a small short squeeze for all major producers who have big short positions.
cheers


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News