Would You Want To Be Short Gold Right Now?

Nov 12, 2014     Short Gold? No thank you!

 

GOLD WED

12 replies
  1. gerry
    gerry says:

    i would not go short either right now. jp morgan covered their Shorts, so Price is allowed to rise again. but it could take some time before the speculants get the message as it did before.

    • chartfreak1
      chartfreak1 says:

      Thanks Gerry- Interestingly, someone sent me an article where Bank Of America is now doing the same . Big Banks can start big trends if they slowly ease into the pool.

  2. gerry
    gerry says:

    i would not go short either right now. jp morgan covered their Shorts, so Price is allowed to rise again. but it could take some time before the speculants get the message as it did before.

    • chartfreak1
      chartfreak1 says:

      Thanks Gerry- Interestingly, someone sent me an article where Bank Of America is now doing the same . Big Banks can start big trends if they slowly ease into the pool.

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