Friday, December 5, 2014

Gold Shorting Exhaustion -

It is quite obvious that those that are shorting the gold market have endless supplies of cash.  Is this because they are the banks that are able to borrow at close to 0%?  I will play the odds and continue to $tack $ilver and gold.

Before this latest speculator gold-futures shorting binge, the gold price was stable all year near $1300.  But between mid-August and mid-November, American futures speculators alone borrowed to sell another 90.6k contracts.  This ballooned their total short position by a staggering 126% in just 13 weeks!  No wonder gold prices were so weak in recent months in the face of such a massive deluge of new supply.

Gold Shorting Exhaustion -

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