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Trading Idea - Long Gold (potential short squeeze?)

Discussion in 'Investing/Trading/Cryptocurrency/Altcoins' started by Andreas Thiel, Sep 17, 2018.

  1. Andreas Thiel
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    Andreas Thiel Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Hi all,

    Not sure if this a good bet or not, but Gold producers seem to be long - which is not normally the case, historically speaking. Many other participants are short, which might lead to a short squeeze (around the 21st, I would assume?).

    Gold producers seem to have a good trading track record, so going long might be something worth considering. I don't know what other tools the big players have at their disposal to change the equation. There might be political plays that make this a bad idea.

    Just restating what I have heard elsewhere, I have not actually checked the facts but I am a fan of the source. If anything, use FU money.


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