Loading ...I’m not sure the Scum ever cover shorts, they just sell the shares short and no-one calls them to deliver…as I said before who is so long that they can crush the shares so much…..only diehards are still long and most of them will NEVER sell…so I reckon all this selling is the Scum.
They never let the shares reflect what was going on in Gold last week, as it rallied over 1100 and now this week, just as things start to get real ugly, they kill the shares, to allow no safe haven.
However i really do wonder how much mileage is left in the strong dollar, weak oil game, esp in oil, as down here the industry is dieing fast….eg in the UK we have lost 65 K Oil jobs already. Tax take has gone from 13 billion pounds in 2009, to an estimated 600 million, if they are lucky in ’16 !!!!!!!
Cheers