Goldman Sachs just closed an enormous “short wager” on gold. VideoSubmitted by barracuda_trader on Sun, 05/12/2013 - 16:27
1. Despite all the bets against it, the U.S. Mint is literally running out of gold! Last week, the Mint couldn’t fulfill orders for one of its most popular gold coins.
2. The U.K. Mint said its purchases of gold just tripled. Premiums paid by jewelers in India (the world’s biggest gold importer) to secure their supply, surged as much as fivefold in 10 days.
3. The Federal Reserve just “tweaked” one particular sentence in a 600-word document. The tweak is incredibly inflationary, which lends itself to a massive gold rally.
4. Goldman Sachs just closed an enormous “short wager” on the price of gold. "Goldman said April 23 it closed a bearish recommendation, while saying further declines are likely."
Text of Video;
You see, the truth has a funny way of remaining hidden until new events come to pass.
With that in mind, the events of the past few days have been profound.
They paint a crystal-clear picture of what’s about to happen. A picture that the investing public isn’t privy to.
When you consider the decisions just made by the TWO MOST INFLUENTIAL players in all of finance…
Well, it’s hard to imagine a world where gold isn’t trading north of $2,000/ounce by mid-June.
Beyond that, there’s no telling how high gold could soar. I mean, a respected French analyst just slapped a $10,000 price target on the metal.