How will the naked gold paper shorters leveraged at more than 100 to 1 react if wealthy Asian investors smelling blood start buying up big time and demanding delivery of physical gold?
We must be surely approaching the end game.
Maybe Wotvea's predictions of a spike in the hundreds of per cent for gold by early next year may yet come to pass as the naked shorters get squeezed big time.
Now's surely not the time to be getting out of good gold producers and emerging gold producers sitting on quality gold reserves - especially those quality emerging producers that are becalmed like IGR. What's the saying? The calm before the storm.