Gold and Silver News & Headlines for November 7
Mother of All Short Squeezes for Gold
More and more people are putting together this string of factors and coming to the same conclusion:
1.) the price of physical gold and paper gold have disconnected
2.) instead of paying huge premiums for physical gold, just take delivery from the COMEX.
3.) the COMEX does not have nearly enough gold [...]
Ten Reasons Gold Is Not Above $1,000
Gold reached its all time high price above $1,000 per ounce a few days after the shocking Bear Stearns bailout. In the following months gold often experienced sharp declines and has stubbornly refused to reattain the key $1,000 level despite more shocking bailouts, bank failures, and bankruptcies.
Reporters, analysts, and bloggers have cited a variety of [...]
