I understand that the December contract on the U.S.Comex closes next Friday with a very high number of outstanding positions open. Bullion Banks and other major dealers will be scrambling to trigger stop-loss selling for the benefit of shorts. Things should sort themselves out next week when an new contract opens. In the meantime the feeding frenzy puts all gold stocks in bargain basement so feed while and if you can!!
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6 | 136339 | 1.750 |
2 | 17323 | 1.745 |
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1 | 3234 | 1.735 |
Price($) | Vol. | No. |
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1.765 | 9415 | 1 |
1.770 | 3234 | 1 |
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