Post by
RONNIE111 on Apr 16, 2021 2:03pm
shorts
Looks like the shorts are coming in in force. They have had a great trade, all algorithm no doubt: gold up 1 or 2 %, gold co goes up 5% or more - short; gold drops and gold co drops - cover and go long. Seems like it has been months of that. And sure seems that is what is holding back the gold cos today. But gold is holding todays gains, and lots are saying that the breakout in gold is real , and if so then a big short covering/ squeeze is on the way. And then we are back to 5 % or better days, IMHO.
Comment by
Dragoon on Apr 21, 2021 12:38pm
In the meantime the money printing continues. Who knows, maybe reddit wants a piece in Endeavour, LOL