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Interesting to see a trend up forming in LGL they are going higher low and higher high looking good indeed provided POG keeps going steady or up we can really see LGL going a lot higher now.
Futures in COMEX gold january contracts is going to expire soon, all we need is for the longs to demand delivery of PHYSICAL GOLD and there will be a HUGE Shorts squeeze!!
Now we don't know if this is going to happen but you never know as one side of the coin is going to be the winner ie the real price of gold based on DEMAND and short SUPPLY or COMEX price decided by futures traders.
One day there will be demand of physical delivery from the longs and the traders are going to buy GOLD in the open market and to find sellers that are willing to sell based on COMEX price, then there will be party for us long.
It will take a little longer but guys it will happen, when the impact of free money and zero rates hit the market with full force there will be a little short burst rally in the market and economy will somehow look better then people will realise that their money is not worth what it used to be and mighty inflation will creep in hey that when the big party for us begins, POG well who knows $1,500 $2000 more ??? Cheers