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GoldCore Gold's Artificial Lows - Price Surge Coming

  • With gold languishing near deep secular lows, its technicals look hopelessly broken.  
  • Sentiment is off-the-charts bearish, with traders universally convinced gold is doomed to spiral lower indefinitely.  
  • But gold’s weakness this year is very deceiving, as it wasn’t the product of global fundamental supply-and-demand forces


  • Extreme record shorting by American futures speculators spawned these artificial lows
  • Gold’s imminent short-covering rally should be the largest ever, coming from record extremes

Gold in USD – 1 Year

This morning, gold is 0.1% higher to $1,096 per ounce. Silver is up 0.74% to $15.02 per ounce.

Platinum and palladium are 0.74% and 0.5% higher to $973 and $607 per ounce respectively.

Gold’s Artificial Lows – Price Surge Coming

  • With gold languishing near deep secular lows, its technicals look hopelessly broken
  • Sentiment is off-the-charts bearish, with traders universally convinced gold is doomed to spiral lower indefinitely


  • But gold’s weakness this year is very deceiving, as it wasn’t the product of global fundamental supply-and-demand forces
  • Extreme record shorting by American futures speculators spawned these artificial lows
  • Gold’s imminent short-covering rally should be the largest ever, coming from record extremes

Continue reading about Gold’s Artificial Lows