RE: RE: RE: Silver Set to Spike UP! There is going to be fear in the air sooner than later!
The fuel is in place for a big Gold short squeeze. I think safe haven demand for the metals will spike soon, with S&P tumbling off a cliff. Good support for Gold $1250 to $1310 in my work.
Short squeeze in metals setting up, and agree with my very bullish Gold/Silver Cycles. Look at the numbers:
Silver’s net long position tumbled last week (-72% on the week!) to +1,413 contracts.
The total short position in Gold short contracts to its highest position ever (74,432 contracts).
SC