Zeev's Turnips Patch-No Politics (ZEEV)

[basserdan]

>>>How are you? What do you think about BGO right now? Thanks bro.<<<
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I'm fine, LD and I hope you are too. I follow your actions over at SI's ego board whenever possible and saw that you had recently bot some Bema. I wish you luck with it.

Fwiw, I've been near term bearish on gold since the $440 level coincided with that H U G E jump in the COMEX commercial net short position and sold all my PM trading shares at some fairly decent prices..... comparatively speaking, that is...... <g>

I had been thinking new lows are in store for the PoG, but now seeing that the COMEX open interest has dropped 31,746 contacts to 281,186 on Friday and Tuesday, we may be nearer to an interim low in the PoG than I had previously thought or hoped for.

I like BGO and it will be one of the juniors I buy when I feel the risk reward is a little more in my favor.