All relative to volume, 29pc not that high given historical data, im not sure where you are getting your data, we have no idea in australia what the cummulative shorts are,,,,,,,and whilst i dont have the data in front of me are you saying 26pc of 765 000 000 gshares on issue) has been shorted in the last month?
Got to say, intervention and manipulation of stocks, currencies and pms byt governments alive and well again this morning with japans move exposed,,,,,i think these protectionist interventions to prop up markets with money they dont have will end in disaster, very dangerous market for everything imo
Move in gold Has been dramatic over the last few weeks..........nothing is forever, it may go higher ,,,,,,,
NCM Price at posting:
$40.95 Sentiment: ST Sell Disclosure: Held