As Euro Tumbles, Gold Squeeze Gets Vicious
Someone with a long euros/short gold position was just carted out feet first. Our condolences to Blythe and the rest of the RICO defense crew. And yes, no expert networks foresaw or were consulted on this latest squeeze. If those ever louder rumors that a bank is standing for December delivery end up being true, today's move will be an appetizer to a 10-fold bigger move.