GOLD 0.51% $1,391.7 gold futures

"the beginning of the end for the gold shorts", page-7

  1. 13,176 Posts.
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    There is is never going to be an end to shorts in both gold AND silver. Positions are funded by printing presses so why would it matter if there are losses being carried.


    That's why goldbugs need to wake up and play the physical shortage card. Diversify across to physical silver. Its the only way to win against the printing presses. There is no shortage of gold out there. 166,000 tonnes in fact. Silver is going to be a different story because you have 50% going to industrial demand and very few dedicated silver mines, especially at these prices.

    Wake up goldbugs! Gold is being used to divert physical demand away from silver, where there is a genuine physical supply concern.

 
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