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Bullboard - Stock Discussion Forum LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

TSX:LSG.DB - Post Discussion

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Post by shawk on Oct 29, 2015 12:10am

POG

Look for another smack down in the POG tomorrow.
I was taken aback this am when I got up and saw the POG up $14 because several analysts had noted that the Bullion Banksters and the rest of the ususal suspects have been building large short positions in Au and particulary Ag lately.
Should have quessed that they were just letting the price rise to skin as many longs as possible.
Predictions are for a fall to $1130 before they cover.
Eventually, the day is coming when they will loose control.
Comment by batflip2015 on Oct 29, 2015 12:26am
i dont think thats gonna happen tomorrow with the gdp numbers comming out already tonight gold has rallied a bit after the beat down it took from a fed meeting today pretty much saying nothing and trying to keep there dec meeting look half legit like a lift off could be possible to save face ! anythings possible with london at 4 am alberta time usally when its moving one way or the other but im ...more  
Comment by snoopdogs on Oct 29, 2015 12:29am
Shawk I am thinking some thing a bit different. A lot of miners have exposed their results tonight, most of them seem pretty good and based on that it think GOLD could be up moderately to support miners quarterly results. If gold stays steady tomorrow, my guess is that it will be a great day for most miners 4-9% gains. Maybe we will see a pull back with some profit taking on Friday, good luck to ...more  
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