Big Short Squeeze Coming Soon In Gold Mining Stocks?

A large short squeeze in gold miners is setting up for when gold prices rally over…

by Jason Burack of Wall St For Main St

Short interest in some larger gold miners has increased a lot in the last 6-8 weeks.

Meanwhile, US Mint Sales are 700% higher (in US Dollar amount) since last year and central bank are net buyers of gold again.

Bottom Line: Many gold miners and gold stocks are back to valuations when gold prices were around $1500 to $1600/oz and with short interest much higher in many large gold miners than 6-8 weeks ago, a large short squeeze in gold miners is setting up for when gold prices rally over $2k/oz again.

FULL SHOW NOTES AND LINKS HERE

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