Discussion in 'Stocks' started by SethArb, Aug 31, 2006.

  1. what is going on this am in GLD ?

    are some funds paying up in it to try to hedge against

    their short GLG positions with GLG to open way higher

    on merger news with GG ?

    it would be cheaper for them to buy spot gold loco london

    or dec gold futures ... but maybe they can only buy and sell
    equities ?

  2. Looks like Glamis and Goldcorp have 3.4 M and 4.4 M shares out in a short position.
    Should see some short covering with the merger news.
    GLG will have a bit of a run up today.