When shorts will run to cover, physical gold will not be available for them - gold is in the strong hands now.
Eric Sprott has spell it out for the rest of us: Gold and Silver Stocks Are In The Bull Market Again and Gold to follow. Eric Sprott calls this market situation as the most spectacular in his investment career. His Gold Bull margins calculations and projections for the share prices for Gold and Silver Stocks make our morning bright today.
Gold Breakout: Jim Sinclair - The three entities that called the $1900 in gold are back long. GLD, SLV, GDX, MUX, TNR.v
"Now we have the full A Team calling for the New Bull Leg in Gold. Summer doll drums time out is officially over. Gold was over 1400 intraday and Silver is over 24 now. Junior miners are exploding to the upside with McEwen Mining pushing 3 dollar mark. Survived Juniors will show this Fall what is called the ten baggers again."