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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.

 

[2]

 

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

[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

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