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Who is shorting Gold?

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  • #76
    Re: Who is shorting Gold?

    thks,would appreciate that

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    • #77
      Re: Who is shorting Gold?

      Originally posted by Jim Nickerson View Post
      How does a mining speculator like McCoach obtain information about BSC with regard to its positioning in gold and 10-year bonds?

      Is he such a special person that he can obtain such information when, to my knowledge, it hasn't been reported in the mainstreammedia misinformation.
      This is out of Bear's 10-Q - 3 months ended 2/29/08 (http://secfilings.nasdaq.com/)
      There was not a direct reference to gold positions. There was an increase in the commodity exposure.

      Item 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES
      ABOUT MARKET RISK
      The table below illustrates the high, low and average VaR for each component of market risk and aggregate market risk during the quarters ended February 29, 2008 and November 30, 2007:
      Quarter Ended February 29, 2008 Quarter Ended November 30, 2007
      -----------------------------------------------------------------------------------------------------------------------------------
      (inmillions)HighLowAverageHighLowAverage
      -----------------------------------------------------------------------------------------------------------------------------------
      MARKETRISK
      Interest rate74.843.856.972.431.547.2
      Currency7.40.62.72.40.61.4
      Equity12.63.77.57.445.8
      Commodity/Energy28.46.414.520.31.66
      Aggregate VAR72.549.559.269.33145.5
      -----------------------------------------------------------------------------------------------------------------------------------

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