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May 6, 2013 / Jeb

Goldman Sachs Covers Short On Gold As It Breaks Above $1400

It appears Goldman Sachs is covering its short on gold as it rebounds above $1400.  Meanwhile, they have helped confuse and misdirect the investment community out of gold.  This was a classic shakeout and bear trap which is going to start major short covering.

Be ready to see increased short covering combined with record physical demand.  These are the elements for a price spike and breakout higher in both gold and silver.  These markets are ready to start moving higher after basing for 2 years and having a major short attack by the big banks too big to fail and the media.

Read the rest of the article by clicking here…

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