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GraniteShares Gold Trust BAR

The investment seeks to reflect generally the performance of the price of gold. The Shares are intended to constitute a simple and costeffective means of making an investment similar to an investment in gold.


ARCA:BAR - Post by User

Comment by alleyesonmeon Sep 24, 2021 7:51pm
154 Views
Post# 33918267

RE:Short Interest

RE:Short InterestYeah it's actually down from around 700 000. Last few reports it's been holding steady. Definitely rocket fuel waiting for ignition. Probably shorted based on inflation, interest rate, tariff, china relations fears...all things that need to be examined closely...China dominates manufacturing and supply and until the USA is able to build up the manufacturers like China has the world will rely on their panels to meet climate targets and create a clean grid.. I don't anticipate any further tariffs or trade restrictions on China, there panels are to valuable to the USA's economy and climate ambitions. UGE factors in a 10% contingency in build costs. Also a 10 % discount rate on NPV of project's..meaning there projects are worth and may generate up to 10% more than they report pre-operational...UGE finances between 6-8 %. ...once operational commentary suggest they can refinance at a much lower rate...lastly this new proposal for the investment tax credit is amazing. Up to 40% with 50% domestic components...additionally 10% for low income offtakers....not clear if this is ontop or included in the 40% or if that would bump it up to 50%....let's be clear...if UGE spends 1m to build 40% direct pay would equal a check for 400 000$ from the IRS in this proposal..no more tax equity investor with his cut...
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