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ASA Gold and Precious Metals Ltd C.ASA


Primary Symbol: ASA

ASA Gold and Precious Metals Limited is a non-diversified, closed-end investment company. The Company's investment objective is long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects or mining of precious metals and minerals. The Company invests approximately 80% of its total assets in common shares or securities convertible into common shares of companies engaged, directly or indirectly, in the exploration, mining or processing of gold, silver, platinum, diamonds or other precious minerals; held as bullion or other direct forms of gold, silver, platinum or other precious minerals; in instruments representing interests in gold, silver, platinum or other precious minerals, and/or in securities of investment companies, including exchange traded funds, or other securities. The Company’s investment adviser is Merk Investments LLC.


NYSE:ASA - Post by User

Comment by azampson Jun 11, 2019 11:39am
156 Views
Post# 29815372

RE:Short and share price

RE:Short and share priceI dont think it has much to do with Shorts. They are in a very weak position. Right now it is just push and pull by small time retail. Was highly likely SPY would pull back this morning with that gap up open. If SPY goes up we will see confidence spill into VGW and finish at the high. But currently SPY has multiple bear flags on the 5 min that keep confirming themselves. Expecting a pullback until the end of week in my opinion before we hit fresh new highs. Thats of course if Trump doesnt say any stupidities. 
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