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Thread: I agree with Kitco

  1. #1

    Default I agree with Kitco

    We are waiting on new economic news; the move up recently I think is due to short covering. Exciting times.

  2. #2

    Default

    Quote Originally Posted by Silver76 View Post
    We are waiting on new economic news; the move up recently I think is due to short covering. Exciting times.
    Hi Silver76.. i looked but couldn't find a related article on Kitco... to you have a link to one?

    Thank you.

  3. #3

    Default

    I was going to ask him to expound a bit as I wasn't sure what he was getting at.

  4. #4

    Default

    Yes, it seems to be up the right alley but I'm not sure which street it's on. Maybe he will come back by and drop us a link to what Kitco says that he is agreeing with.

  5. #5

    Default Shorts

    Sorry, next time I'll do proper citations. This rally could be short covering, e.g., people/institutions wagering on shorts and getting calls to cover their leveraged/non-leveraged positions.

    We have been through the short rally I think it is looking promising over the next few years. This is one asset class that hasn't been overly valued.

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