Yet hedgers keep using our stockpile as a source for arbitrage.
It's all fine by me. The inherent value as they unwind their positions can mean only one thing:
We go up, and it could be a very healthy gain as the advance in bullion comes to an end.
Insecure longs need to recognize this and hold their ground and / or add to their positions.
Good luck to all and congratulations in advance to those who have not sold. The arbitrageurs will be forced to pay double for the pain they have inflicted here.