I have no agrument with Matt concerning his statement that gold
shorts can remain high for a long time. what concerns me this time
is the enormous change of 72.4k shorts in one week ( more if you
use the combined futures and options) and that all major
currencies, CDN, Swiss, Euro, Brit #, Yen, and the Aussie $ are
beinging shorted in a significant way while the longs have
increased in the USD.
So what could go wrong with the guess that gold is headed down?
Its a long shot but one must consider nothing impossible,
that China pulls off a short squeeze on the commercials. Not likely
but anything can happen.
Gold
Posted by kpolzin on 14th of Sep 2009 at 08:51 am
I have no agrument with Matt concerning his statement that gold shorts can remain high for a long time. what concerns me this time is the enormous change of 72.4k shorts in one week ( more if you use the combined futures and options) and that all major currencies, CDN, Swiss, Euro, Brit #, Yen, and the Aussie $ are beinging shorted in a significant way while the longs have increased in the USD.
So what could go wrong with the guess that gold is headed down? Its a long shot but one must consider nothing impossible, that China pulls off a short squeeze on the commercials. Not likely but anything can happen.
kp
Shorts in Silver
Posted by as2029 on 14th of Sep 2009 at 09:18 am
Matt
Do you have a chart with shorts history in Silver please.
Thanks