Gold price vaults $1,300: Is this the start of the epic short squeeze everyone's waiting for?

A number of observers say the relatively rare occurrence of backwardation in the gold futures market means that physical demand is about the overwhelm the over-leveraged bullion banks and an imminent short squeeze of epic proportions will send prices soaring again.

Could this be the breakout for bullion that gold bugs have been waiting for?

 

Read More: www.mining.com/gold-price-vaults-1300-is-this-the-epic-short-squeeze-everyones-waiting-for-85534/

We use cookies to improve your experience and analyze site traffic. Some cookies are optional and require your consent.

More information