Gold price, page-6437

Shorts continuing to appreciate as the SP appreciates (green lines below)
opposite tactics to Mar this year where Shorts dropped by 80% in aggregate vol for not much/none SP appreciation (highlighted in yellow).

You'd think wholesale money does this for a living..... No need to do the correlations on gross/ aggregate shorts to POG / SP, to me it just screams wholesale accumulation.

Also worth noting the high gross shorts on Friday.

Personally I took the opportunity to buy a few more, bringing my SP average up. My spec portfolio is now 50% BDR, but I'm hoping to transfer it to investment portfolio with some good cash flow announcements soon enough.

BDR has been setup to make good money at $1100 POG, confirmation soon enough, the question will be for how long, and when will the distribution phase begin - so drill results will amplify the outcomes, can't do much about the latter but wait ....