Gold Short Squeeze
Posted: Sun Jul 21, 2013 7:39 pmThese 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
http://news.goldseek.com/Zealllc/1374249792.php