KLONDEX MINES LTD. T.KDX

Here is My Warning

[Highwave]

Gold is on verge of strong breakout to the upside. Once Gold breaks $1,380 to $1,400 all hell is going to break loose on shorts in the mining space. GDX has 52 million shares short for example. KLDX has 17 million shares short. Stocks tend to swing from overbought to oversold. KLDX is oversold. Once gold hit $1,400 an ounce KLDX should be grossing $300 an ounce. The funny thing though is that once break $1,400 the gold price is not stopping there. It will hit $1,450 to $1,500 quickly. Thats what I see in the T/A.

[Goldqueen]

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[JintsuGehan]

Gold is controlled by naked shorting not backed by any of the physical in the North American space. Everyone knows this. Just look at the graph from today how gold peaked at $ 1362 around 6 AM then trended down towards NY open.  Also, gold demand is actually DOWN vis-a-vis last year. Remember basic economics of equilibrium price. If gold rises too quick, there will be a lack of BUYERS and

[Goldqueen]

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