Post by
NineLives on Apr 19, 2024 3:24pm
Shorts and pants
Will the shorts drop them and wear some long pants soon ?
As this is posted there are 31 million short positions.
The PP is expected to close around April 25th so it will be interesting to see how many of these shorters are actual participants in this placement.
During the first, second week of May it will be interesting to see if there's a collapse in short positions. If not and if IAU keeps hitting the big grades and ramps up production and Gold keeps climbing then...... any remaining shorts may be rushing to the tailors seeking a way out of their lederhosen !
Will Gold hit $2.500 ? Stay tuned.
Comment by
Ridgeback on Apr 20, 2024 6:33pm
Costs are rising, Who? JV with I80? Cry baby bubbles all over? See what they can do? Mid May?
Comment by
NineLives on Apr 21, 2024 8:41pm
Hey Ridge that went right over my head, champagne bubbles or those in a bath ?
Comment by
metalhead666 on Apr 22, 2024 7:45am
Not today. Only bagholders who should have seen this coming from a mile away