GREY:VITFF - Post by User
Comment by
barringtondolbyon May 02, 2024 11:47pm
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Post# 36020990
RE:RE:Short Position
RE:RE:Short PositionThanks Kegman. What site do you use, and are you saying we should have some short data tomorrow.
As an aside, I am gaining more confidence that what we are seeing, re. the gold price, is not a bubble. The Feds are still acting tough on inflation,with no rate cut in the near future and the political situation globally has dampened recently. yet gold is still arounf the $2300 mark
Surely if this remains the norm over the next few weeks, the markets confidence should be bolstered enough that gold stocks across the board should gain significantly..
As you have mentioned, the VGCX SP, with gold at $2300 should be much higher..than it currently is.and I wonder if the market is skeptical of gold being able maintain the price level we have been seeing.