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And Now Gold Is Soaring

By Tyler Durden
Created 12/31/2013 - 10:14
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 12/31/2013 10:14 -0500



 

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

 

[4]

 

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

[5]

 

We expect the BIS' Mikael Charoze [6], 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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Source URL: http://www.zerohedge.com/news/2013-12-31/and-now-gold-soaring

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/12159
[3] http://www.zerohedge.com/taxonomy_vtn/term/11344
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/12/20131231_gold3.jpg
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/12/20131231_gold4.jpg
[6] http://www.zerohedge.com/news/bis-fxgold-intervention-profiles-and-after