Hey malaz,
I have read a few articles recently where their are quite a few companies long direct gold / gold ETF's etc but these same companies are also shorting gold stocks on the ASX as a hedge against any decline.
The fact that a lot of gold stocks are lagging the direct gold price plus the percentage of shorts on some of our large gold players ( Newcrest is a classic example ) gives me the impression there might be some merit behind this.
Check out the asx shorts here :
http://www.asx.net.au/data/shortsell.txt
- Forums
- ASX - By Stock
- GOLD
- anyone else sick of this?
anyone else sick of this?, page-5
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)