The case for much higher gold prices

My Message:

It will begin with a short squeeze.

Shorts are at an all time high.  It cannot be sustained.

The physical demand is still there despite the collapse in price.  There was a gambit to collapse the gold price permanently, but it didn't work.  There is no escape for central banks.  They are trapped in a hyperinflation scenario of their own making.  Panic is in the air.

Published on Zero Hedge (http://www.zerohedge.com)

Home > Guest Post: Gold's Under-Valuation Is Extreme

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Guest Post: Gold's Under-Valuation Is Extreme

By Tyler Durden

Created 07/03/2013 - 19:29

The price of gold fell last week to the $1,200 level. The lemming sentiment in capital markets is uniformly bearish, yet every price-drop brings forth hungry buyers for physical gold from all over the world. Even hard-bitten gold bugs in the West are shaken and frightened to call a bottom, yet it is these conditions that accompany a selling climax. This article concludes there is a high possibility that gold will go sharply higher from here. There are three loose ends to consider: valuation, economic and market fundamentals.

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Source URL: http://www.zerohedge.com/news/2013-07-03/guest-post-golds-under-valuation-extreme