Massive physical gold and silver deliveries from COMEX created a Friday short squeeze that sent the price of gold up nearly 3.5% and silver soaring nearly 8%.
November 4 (King World News) – Alasdair Macleod: “What we are seeing is a bear squeeze. I mean they (the shorts) have driven down the price of gold and particularly silver to ridiculous levels when there is absolutely no physical around. At COMEX you see all of the deliveries. This week I think there was around 1,000 contracts a day standing for delivery. That is quite extraordinary…to continue listening to Alasdair Macleod discuss the massive gold and silver deliveries from COMEX as well as the short squeeze in the metals markets CLICK HERE OR ON THE IMAGE BELOW.
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