Rather than make up assumptions without having all the facts, I'll let the story unfold over time. Remember as a broker, I am on your side. i want to see you win. Plus, I LOVE SILVER!- Phil
If we knew the answer to this, then I would comment on it. If it was the company maintaining the short I would have to ask why, if its the net result of all the customer accounts, I would say great job I wish I was that good of a salesperson to convince ppl to sell that many contracts short of silver and if its a rouge broker well then that's just wrong or are they just hedging for China or Mexico and there is nothing wrong at all- Phil
Ha. I love the theories with regards to the reasoning on why I can't comment on the "Large Short Position". The reason is that there isn't clarity on exactly how it is maintained. I know everyone believes that XYZ company has a massive short position but the real question is how is it maintained? Is it just a straight short position maintained by the company? Is it the conglomerate of all the customer accounts resulting in a net short? Is it a rouge broker? - Phil
@JohnnyV I think you're reading too much into it. I think he was just saying that's not his style, he does the commentary his way. I didn't see it as a swipe at Jim.
I find it interesting you can not comment on a large short position in the market due to legal issues. What exactly does that mean? Brokers are legally bound to keep secrets about what they see in the marketplace? Something doesnt seem right with this.
wow. Did phil just take a shot at jim with the zerohedge comment? I guess fair is fair, jim takes shots at the guys that go on the "bubble builder" shows. Looks like we might have a friendly little turf war going on.
You can ring me on 00353863774516
thomasucc 3 months ago
Where is my money dude a\c 100194611
thomasucc 3 months ago
Rather than make up assumptions without having all the facts, I'll let the story unfold over time. Remember as a broker, I am on your side. i want to see you win. Plus, I LOVE SILVER!- Phil
mfglobal 4 months ago
If we knew the answer to this, then I would comment on it. If it was the company maintaining the short I would have to ask why, if its the net result of all the customer accounts, I would say great job I wish I was that good of a salesperson to convince ppl to sell that many contracts short of silver and if its a rouge broker well then that's just wrong or are they just hedging for China or Mexico and there is nothing wrong at all- Phil
mfglobal 4 months ago
Ha. I love the theories with regards to the reasoning on why I can't comment on the "Large Short Position". The reason is that there isn't clarity on exactly how it is maintained. I know everyone believes that XYZ company has a massive short position but the real question is how is it maintained? Is it just a straight short position maintained by the company? Is it the conglomerate of all the customer accounts resulting in a net short? Is it a rouge broker? - Phil
mfglobal 4 months ago
@JohnnyV I think you're reading too much into it. I think he was just saying that's not his style, he does the commentary his way. I didn't see it as a swipe at Jim.
SilverTemplePIlot 4 months ago
Cheers Phil,
those fundamentals just won't go away ;)
GuildF40 4 months ago 2
I find it interesting you can not comment on a large short position in the market due to legal issues. What exactly does that mean? Brokers are legally bound to keep secrets about what they see in the marketplace? Something doesnt seem right with this.
futureworksexpress 4 months ago 2
wow. Did phil just take a shot at jim with the zerohedge comment? I guess fair is fair, jim takes shots at the guys that go on the "bubble builder" shows. Looks like we might have a friendly little turf war going on.
theinfamousjohnnyv 4 months ago 2
0938 NYT : looks like sell off...
waldentree 4 months ago