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by Country » Sun Jul 21, 2013 7:39 pm
These short squeezes can cascade into full-blown buying panics. These are the opposite of the usual selling panics, igniting some of the biggest and fastest rallies ever witnessed. Several factors greatly increase the odds for spawning a buying panic. They are exceptionally-large short positions for the underlying asset, excessive leverage among the short traders, and hyper-oversold price conditions. All exist in spades today in the US gold-futures market, which implies high odds for an enormous and imminent short squeeze. http://news.goldseek.com/Zealllc/1374249792.php
Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect. ~Chief Seattle, 1855
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