Monday, October 15, 2012

James Turk : A Massive Short Squeeze on Gold & Silver is approaching

James Turk : The shorts will need to buy back at whatever price they can to limit their losses. It is this panic buying that will launch the precious metals like a rocket when $1800 and $35 are finally hurdled. We have seen battles like this one many times over the past 12 years, Eric. Some of these battles have been fought even more fiercely than the current one, which means it could take a while longer to get the breakouts above $1800 and $35. - in Mining

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