Re: I'm All For It. These Guys Do

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rookieprospector

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Re: I'm All For It. These Guys Do

in response to

If San Gold Needs to Spread Some BS, I'm All For It. These Guys Do

Lunch Meat

posted on Jun 28, 2009 09:13PM

Hey Lunch

I think Morgan Stanley was probably hoping that a major decaration like that would strengthen US currency, and drive gold down without haveing to do any shorting. Looking at the Kitco Chart I 'm hoping they are wrong. Seems gold turned up marginally at the same time they released that "Feel Good News" Who knows maybe they decided they better start covering the 20,000,000 ounce short position.

PS Warning

Don't ever assume that I know what I am Talking about. I read about the 20 million ounces but have no way personally of verifying it.

Rookie

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