reckon theres at least one short covering rally left in it before contemplating exiting gold stocks IMO. esp for aussie goldies. the short sell lists shows most aussies being shorted 10% or above that was 3 days ago I bet more have piled on the train.
case in point SLR's report today: great results, market barely a whimper due to shorts no doubt.
sure high AUD is no good but is that enough of a basis to short?
anyone else sick of this?, page-15
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