"Hasn't gold be in a short squeeze for the last 10 years?"Reply:...

  1. 24,765 Posts.
    "Hasn't gold be in a short squeeze for the last 10 years?"

    Reply:

    No.

    There's no short squeeze of gold when the sellers of "paper IOUs" masquerading as gold aren't asked to honor those paper IOUs.

    There's no short squeeze of gold when nations like Germany were happy for the Fed to "store" their gold.

    But a short squeeze will develop when nations demand their "stored" gold be returned to them.

    But a short squeeze will develop when super rich funds invested in ETFs demand to convert their paper investment to physical.

    Etc .. etc... etc.. etc...
 
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