Hi Mr. Copper,
if you have time, I would be interested to learn more about these “shorts”
- Who are they?
- What are the mechanics of the trade?
- Are they Future Contracts that expire?
- Does it cost them money to maintain their short position?
- How can they sell something that they do not own and never have to pay?
- etc?
They have been tormenting our sector for years; Spec miners too, I have heard.
I have always assumed that they are the Western banking (Fiat Money) crowd and their ‘friends” like JPM; Goldman Sachs; IMF; World Bank; BIS….