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And Now Gold Is Soaring

Posted By admin On December 31, 2013 @ 11:15 am In Money Watch | Comments Disabled

Zero Hedge [1]
December 31, 2013

Short-squeeze time? … and suddenly CNBC goes quiet on the precious metals market movements.

 

And Now Gold Is Soaring 20131231 gold3 0 [2]

 

The last 2 months has seen shorts pile back on in the futures market are squeezing in the fall…

And Now Gold Is Soaring 20131231 gold4 0 [3]

We expect the BIS’ Mikael Charoze [4], who is currently “red” after the recent gold slamdown, to promptly return to “green” at which point gold will once again mysteriously crash to its 2013 lows.

 


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URLs in this post:

[1] Zero Hedge: http://www.zerohedge.com/news/2013-12-31/and-now-gold-soaring

[2] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/12/20131231_gold3.jpg

[3] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/12/20131231_gold4.jpg

[4] Mikael Charoze: http://www.zerohedge.com/news/bis-fxgold-intervention-profiles-and-after

[5] Fed Dove Evans Opens Mouth, Demands More QE, Sends Gold Soaring: http://www.prisonplanet.com/fed-dove-evans-opens-mouth-demands-more-qe-sends-gold-soaring.html

[6] Soaring demand spotlights secret NY gold hoard: http://www.prisonplanet.com/soaring-demand-spotlights-secret-ny-gold-hoard.html

[7] Gold Tumbles As IMF Reaffirms Plan To Sell 191.3 Metric Tons Of Gold Over Time in Phased “On-Market” Gold Sales: http://www.prisonplanet.com/gold-tumbles-as-imf-reaffirms-plan-to-sell-191-3-metric-tons-of-gold-over-time-in-phased-on-market-gold-sales.html

[8] Gold at $7800/oz, Or S&P 500 at 220? Take Your Pick: http://www.prisonplanet.com/gold-at-7800oz-or-sp-500-at-220-take-your-pick.html

[9] Gold Support at 144 Day Moving Average at $1,603; Chinese Gold Demand “Extremely Strong”: http://www.prisonplanet.com/gold-support-at-144-day-moving-average-at-1603-chinese-gold-demand-%e2%80%9cextremely-strong%e2%80%9d.html

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