Re: COMEX INVENTORY DATA REVEAL AN ALARMING TREND - A Giant Short Squeeze Bubble
in response to
by
posted on
Feb 26, 2010 08:56AM
IMHO, I believe we are wittnessing 2 of the biggest bubbles formed in gold,
1) A giant short position in the Comex Gold
2) A giant naked short postion in Silverado stock
If this is true, they are Rip for the Mother of All Short Squeezes, to borrow a thought from Soros "a Hard Landing" ...
Soros: "People see bubbles everywhere. Whether that is a bubble or not actually depends on whether it's going to be a hard landing or a soft landing. If it is a soft landing, then it is not a bubble. If it is hard landing, it will be a bubble. We'll only know if it's a bubble or not later."
I'm sure glad I have accumulated the shares that I do own in Silverado because the company hasn't missed the expected suge in price for the gold mining stocks predicted by many of the gold analyst and if Garry can find the right financing to mine the four massive Gold and Antimony from Workman's Bench tunnel we will be running with the big boyz
$$ Ka-Ching Ka-Ching $$