Rick, you do know gold is not going to come down for the next ten years! Fundamentals must tell you the dollar is in trouble.

Hope that you are correct, Professor.

No you don’t really, Big Al.
You kinda hope gold goes up, but you don’t really want the dollar to go down.
(Didn’t know I could read minds)

Info………..says………Hedge Funds are back……………..and the Long contract are higher than they have been in months. KWN & kitco………

ootb, I find that stuff hard to figure out, for every long there is a short.
how does it ever be long or short? zero sum no?

When 5000 contracts are “dumped” how is there not 5000 contracts bought?

It’s not the number of contracts but who owns them. If the deepest pockets want the market to go lower it goes lower. If they want higher,it goes higher by virtue of their use of money buying or selling appropriately.

The biggest scam usually comes with issuance of new stock of exploration companies when the brokers persuades the clueless companies board to issue a warrant with the stock. The purchase naked shorts the stock , leading to collapse of the stock.

seems……….forgot the s.,,,,must have something to do with short……