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@ Mr. Copper RE: Shorts

Posted by drb2 @ 14:23 on May 24, 2024  

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….

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.