Comex Options expiration coming up on 25th. Guess some are expecting the usual attack on Gold to happen in the| lead up.
However a bit risky to short the stock Unless you are the cartel attacking bullion.
With increasing demand on physical, and gold on a bit of a snap back and AUD weakness you could end up getting Squeezed. I think a risky shorting in these Circumstances, though they will probably get away with it. Manipulation of Gold leading up to Options expiration has been as reliable as the Sunrise.
SLR Price at posting:
$1.10 Sentiment: Hold Disclosure: Held
