anyone else sick of this?, page-5

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