As we head into the final trading day of the week, Michael Oliver, who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, just said the gold shorts may be in serious trouble.
Gold Shorts May Be In Serious Trouble
April 12 (King World News) – Michael Oliver: “For those who are bullish on the gold market but discouraged by the recent volatility both ways, put yourself in the position of the entities who have been shorting gold since January, February and March. You have to remember that the shorts are on the other side of this and they aren’t making any money either right now, with alternating up and down movements since the late-December high.
So we have oscillated above and below that level meaninglessly since December. MSA’s assessment is if the bears don’t get serious downside in the next week or two, it is not going to happen. Instead, it will blow up in their faces and the price of gold will move violently higher in a very short period of time.”
Also of importance…
This stock has surged nearly 80% since the start of 2019 and insiders just bought another $1 million worth of stock! The company’s Chairman just told investors, “Both projects, independent of each other, have the opportunity to give us 10-20 times the current share price!” If you want to take advantage of the massive upside move in the stock CLICK HERE TO LEARN MORE AND HEAR HIS REMARKABLE INTERVIEW.
***Also just released: We Haven’t Seen This In 50 Years CLICK HERE TO READ.
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