"short squeeze in gold to shock the world", page-21

Gold certainly is looking tired. The calls from King World News about a Gold & Silver short squeeze are also looking tired. When it gfails to happen dont worry they will think of something else to bang on about.

This weeks rise in gold was due to the Fed confirming QE will continue and negative growth in the US. Too bad it couldn't even last 24 hours and Gold fell back to where it started. Pathetic! Where's that short squeeze?

The real losers are Gold stocks. Down another 1% last night it seems they are toxic. The best measure of Gold stock sentiment is the HUI/Gold ratio and it's down below 0.24. These are levels that have only been seen once before in the last 10 years and that was at the height of the GFC in late 2008 but they were only at these levels for a short time. Now it looks like this is the new base level for Gold stocks.