Banro Corp. fka BAA

[F63]

This is a extremely informatory article about shorting gold including some analysis about the current situation, which is very telling.

Thank you so much for allocating this link!

This passages i like most:

"So gold's extreme artificial lows in recent weeks are incredibly bullish. The groupthink consensus view that gold will keep plunging is totally wrong. Gold-futures short selling is finite, and soon burns itself out. Once only a tiny fraction of short sellers decide the risk of a rally is too great to bear so they cover, the resulting gold-price gains force the rest to cover too. Their buying amplifies and intensifies this short covering."

and:

"American speculators' total shorts skyrocketing to at least a 16.6-year high......"

"And with the biggest gold-futures shorting spree ever witnessed fueling such anomalously-extreme record short levels, gold's going to enjoy a far-larger rally than the recent-year average of 16.2% over 10 weeks."

I hope it is ok to repost a small part of it - if not please feel free to remove it - thank you in advance.

I am betting that the shorties are getting more and more nervous every day - maybee some of them want to calm down their stressed nerves by posting doomsday for gold again and again in boards - something like gold will go down to 850 or so...... but will it help?

And its just a thought ...