Of the top 10 shorted stocks on the ASX, 4 are gold stocks.
$3b of KLA stock is shorted.
You will find few buying opportunities like the current one for gold stocks.
The divergence between stock prices and gold are probably becoming extreme.
Gold now just under US$1,590 and A$2,375. Shorters must be getting frustrated. No real evidence of short covering yet.
Had a couple of stocks slip into the red while overall profit has remained constant.
There are a few stocks I would love to get more of if I had the spare cash.