gold carry trade exposed... and caught short??, page-6

  1. 1,256 Posts.
    lightbulb Created with Sketch. 1
    Here, Here!!
    The amazing thing is that there is a real orderly walk upward in the price of leading gold shares.
    Some point in time, very very soon there will be a stampede.
    CRS for example should be $1-10/1-15 now.
    LHG $1-60/1-70
    EMP $1-00/1-10
    So why is being held up when an obvious bottom is so far behind us and the retracement just doesnt seem to be appearing. I have spent nearly 2 weeks watching the gold price and contract interest. Its been very interesting. I am a little tired however but just like the low volumes on the Dow and Nasdaq, it looks like everyone is waiting for a catalyst to spark an equity sell-off or a major short squeeze in gold.
    Not long now before the mornings headlines around the financial world relating to JPM really hit home.
    Triple witching tomorrow night should send some real sparks flying on the eve of XMAS.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.