Prodigy Gold Inc KXLAF

RE: RE: More Bullish Evidence for Gold...

[MELLOW88]

not sure if you read into it at all....these are Gold TRADERS...they are not Gold stock holders , ...they create in effect the Gold futures markets, issuing and trading Gold contracts......and continue to buy their bullish Gold positions as the older positions expire...some of these expire every month or so, and so they keep creating new Gold bull positions at higher prices,hopefully...This is a very complex process, but I think you get my drift...These traders are not at all like one owning gold or shares,these are futures contracts that have an expiry date, and have to be replenished/renewed when they expire...and so the majority of said traders have a bullish sentiment of the upcoming price of Gold, which generally they are betting will trend higher...they see the writing on the Gold wall, is another way of putting it ...enjoy the Gold Bull ride....

Mellow