Monday, November 26, 2018

When There's A Huge Short Position In Anything It Goes Up

Historically when there's a huge short position in anything it goes up. I was making the point that while I wasn't buying gold and silver there is a huge short position so you're probably going to have a nice rally. That nice rally has proceeded to occur. I'm still not buying but I'm not selling. I'm waiting for a nice collapse in both.

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