Agoracom: Small Cap Investment - Golden Minerals Company - Frank Holmes - More longs getting out of their concentrated long position?

Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Reply New Message

Back To Forum List View

statesidereport

Rank: President [?]

Points: 1530 [?]

Votes: 44 Score: 3.6 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Frank Holmes - More longs getting out of their concentrated long position?

posted on Mar 22, 2010 09:29AM

Remember, Frank Holmes of US Global Investors attributed the recent weakness in gold to the concentrated long gold positions being liquidated fearing the upcoming CFTC meeting this week. I guess Friday and today is more confirmation of those illegal concentrated longs getting out of their contracts. I need to start reading the data that Frank reads since I obviously have been misunderstanding the current gold/silver situation. (just a hint of sarcasm).