Tuesday, June 28, 2016 11:18:31 PM
Eric Sprott reports that the short position in gold is $76 billion
dollars, and the short position in silver is $13 billion dollars.
With the Brexit increase in the gold price the shorts have got to be
hurting, and may have to dive for cover -
so you have all the conditions required -
for a huge short squeeze in the POG price of gold -
it will be a lot of margin calls made next few days -
I expect plenty of POG volatility -
the more volatility the higher it will FLY -
CALVF Q2 gold production numbers at Blanket are due about a week from
now, and I expect increased gold production news will cause
CALVF to finally break the LT long term 20 year downtrend line -
at $1.02, and once the stock closes above about $1.15 -
buying pressure will increase -
as technical buyers move into the stock -
well said by ganndolph
Gold retreated back to the $1300 zone today, as markets seemed to take
a breather from recent Brexit inspired moves.
The dollar slipped as well, as the two markets continue
to be correlated.
As for that correlation between the dollar and gold,
Grant Williams says the following:
“It doesn’t happen often, but when it does it’s a sure sign
people are nervous — saw it in 2008, saw it in the 30s.
It’s a sign we are at a point of critical stress.” —
Grant Williams
When investors are nervous, they frequently turn to gold -
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
- God Bless -
Recent CMCL News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/07/2024 06:26:41 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/07/2024 06:25:51 PM
- Caledonia Mining Corporation Plc: Results of Annual General Meeting • GlobeNewswire Inc. • 05/07/2024 11:30:15 AM
- Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder • GlobeNewswire Inc. • 04/16/2024 06:00:00 AM
- Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder • GlobeNewswire Inc. • 04/15/2024 06:00:00 AM
- Caledonia Mining Corporation Plc: Issue of Securities Pursuant to Long Term Incentive Plan Awards and Issue of New Long Term Incentive Plan Awards • GlobeNewswire Inc. • 04/10/2024 06:05:00 AM
- Caledonia Mining Corporation Plc Notification of relevant change to significant shareholder • GlobeNewswire Inc. • 04/10/2024 06:05:00 AM
- Caledonia Mining Corporation Plc Blanket Mine Q1 2024 Production • GlobeNewswire Inc. • 04/10/2024 06:00:00 AM
- Caledonia Mining Corporation Plc: Appointment of Chief Operating Officer • GlobeNewswire Inc. • 04/08/2024 06:00:00 AM
- Caledonia declares quarterly dividend • GlobeNewswire Inc. • 03/28/2024 07:03:00 AM
- Caledonia Mining Corporation Plc Results for the Year ended December 31, 2023; Notice of Management Conference Call; Dividend Declaration • GlobeNewswire Inc. • 03/28/2024 07:00:00 AM
- Caledonia Mining Corporation Plc: Notice of Availability of AGM Materials • GlobeNewswire Inc. • 03/27/2024 07:00:00 AM
- Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder • GlobeNewswire Inc. • 03/26/2024 07:00:00 AM
- Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder • GlobeNewswire Inc. • 03/25/2024 07:00:00 AM
- Caledonia Mining Corporation Plc: Non-Executive Director Changes • GlobeNewswire Inc. • 03/18/2024 07:00:00 AM
- Caledonia Mining Corporation Plc Trading update for the year ended December 31, 2023 • GlobeNewswire Inc. • 03/04/2024 07:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/30/2024 11:00:08 AM
- Caledonia Mining Corporation Plc: Encouraging results from deep level drilling at Blanket Mine • GlobeNewswire Inc. • 01/30/2024 07:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/23/2024 11:00:14 AM
- Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder • GlobeNewswire Inc. • 01/23/2024 07:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/12/2024 11:01:05 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/12/2024 11:00:08 AM
- Caledonia Mining Corporation Plc: Issue of Securities Pursuant to Long Term Incentive Plan Awards • GlobeNewswire Inc. • 01/12/2024 07:01:00 AM
- Caledonia Mining Corporation Plc: Blanket Mine Q4 and FY 2023 Production and 2024 Guidance • GlobeNewswire Inc. • 01/12/2024 07:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/04/2024 11:00:09 AM
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM