Hi Corgi,Just a query re bullion banks, from that spreadsheet...

Hi Corgi,

Just a query re bullion banks, from that spreadsheet below, what my brain is telling me (and its not that smart!!) is that in approx 10 or so weeks that MAYBE the bullion banks won't actually have any shorts left, therefore they will go long and this is when the potential rise in gold will be ?? I'm making that assumption based on the recent US stimulus package also and generally people talking of a quick turnaround in gold price soon.

Am I on the right track as I'm still learning?? My friend and I want to study gold futures, like right now, to get ready MAYBE.

I'll re-read your posts again and again anyway as you mentioned watching some 10yr thingy's.

Re: TSO, as long as the SP stays above my avge 5.4c, I'm happy, the SP can do what it wants for next few years.

Thanks kindly either way,

cheerio