Well I think SKOL has the institutions backing him. Gold is not really being held right now/shorted and silver is definitely being shorted. So I guess this means
1. Institutions think the earnings season will be good.
2. If it under-performs and the market can't sustain highs then gold is due a nice little re-rate..
Thoughts??
http://www.*****.com/news/2017-07-1...ng-Analysts-See-Short-Covering-Potential.html
https://www.bloomberg.com/news/arti...wing-hedge-funds-losing-precious-metals-faith