4 replies to this topic

[Psycho]

The boards sure are quiet. Ok guys, I would like the real skinny on this possible government/bank funded gold short effort taking place. Who? How true? How much? How do they get out of those short contracts? Do they have to buy physical to cover thier shorts? Or do they just have to buy a long, higher, future contract from someone? I am sure many of you studied years to learn these things and how to trade them. I do not want to learn to short the market. I want to know how they get out? If the numbers are as great as they say they are in comparison to normal. What is the exit plan? Do they hope it goes sideways for a while or they try to take it to another dip to 1200, 1000 or below and then try to exit. By then there may be even more shorts than now. Have you ever see a market this heavy short in comparison to the actual amount of gold/shares/ect? I am just a average guy, long physical gold silver and miners. But even I can see something is not right. I understand market dips and cycles but it really looks like they are setting up for a 2008 similar market crash. In a few days they all will be singing thier "sell in May and go away song" so much you will get sick from hearing it. History tells us to look for a dip this summer and a rebound in the fall for gold and the market, as well as a dollar dip. Except as recently as 2008.

Edited by Psycho, 20 April 2013 - 01:03 AM.

[jack]

........ I would like the real skinny on this possible government/bank funded gold short effort taking place. Who? How true? How much?

How do they get out of those short contracts?..................

Rule of law in markets is now owned by the largest players. No exit plan is needed. If longs have to be separated from their positions at some point, so be it. I am not being flippant.

[Psycho]

Thanks for the pm Jim . I understand a little more. Based on what I have learned, I wish I had just bought more physical.

Edited by Psycho, 20 April 2013 - 07:08 PM.

[dougie]

i am agnostic. waiting to see any evidence that this was a paper takedown the govts

[Psycho]

There are Massive shorts on the gld this week. Not real sure how long or higher it will go. It is like a rubber band that is stretched beyond it's limits. Something is gonna break.