Bo Polny – Silver Short Squeeze Imminent!

my-shorts-on-fire

(Editor’s note: with today’s gold & silver smash down to the bottom of their respective trading ranges, this will either prove to be the short term call of the year, or be epically wrong)

Our forecast stands unchanged; the final up cycle into the 2015 June spike top has now begun.
In June 2015 the shorts will run to cover as Gold and Silver spike!

The breakout point is the $17.50 – $17.75 range for Silver when the SHORTS will be forced to ‘cover’.

Submitted by Bo Polny:

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We wrote last week May 27, 2015 (LINK to verify)

 

‘No matter how many paper shorts have been piled onto Gold to suppress it price since 2011, including the latest COT report, no matter if all hope is gone; the true king of the world money system has one more move and it’s coming before summer!  While analysts continue to call for $1000 Gold since the November 2014 low at $1130, it has never arrived!’

 

June 2015 is the 7th month of the Gold and Silver Bull Market that began in November 2014 when we did 2 specifically timed interviews; the first with Jim Puplava of Financial Sense Newshour (LINK to verify) and the second with Kerry Lutz of Financial Survival Network  (LINK to verify).

We wrote last week May 27, 2015 (LINK to verify)

 

 

In both interviews we stated ‘Gold is making a critical bottom in early November and a new up cycle will then begin’.  We called that November 2014 bottom and stand by our call for a Gold bull market breakout before summer (June 21, 2015).

 

As stated in our first May 2014 New York KITCO (LINK to verify) interview, Gold is in a 21-year Bull Market.  In June 2015 the shorts will run to cover as Gold and Silver spike to complete our original May 2014 New York KITCO forecast!

 

Do not miss our latest, must listen, interview dated Friday May 29, 2015.

Link: https://www.youtube.com/watch?v=YmmIGJ5e8Ts

 

A Bullish Triangle/wedge defined, see chart:  The longer the market spends down at that lower right hand corner, the more shorts pile in.  When they can’t force it below that level and the market rallies above the final descending downtrend  resistance red line, the shorts scramble to cover!  The breakout point is the $17.50 – $17.75 range for Silver when the SHORTS will be forced to ‘cover’.  Our analysis forecast the November 2014 low and now points to a June spike TOP for both Gold and Silver!

 

While in Singapore on March 19, 2015 and then a week later in Honk Kong on March 24, 2015, we stated…

 

  1. Gold & Silver Bull Market Breakouts starting now (end of March 2015) and before summer (June 21, 2015).

 

Our forecast stands unchanged; the final up cycle into the 2015 June spike top has now begun.  Our Gold INDEX and Turn Dates will provide precise timing into the June 2015 top, visit us at www.Gold2020Forecast.com.

 

 

All the best,

Bo Polny

 

Doc's Vault

 

Legal & Disclaimer

The above represents the­ opinion and analysis of Mr. Polny, based on data available to him, at the time of writing. Mr. Polny’s opinions are his own, and are not a recommendation or an offer to buy or sell securities and/or commodities. Mr. Polny is an independent analyst who receives no compensation of any kind from any groups, individuals or corporations. As trading and investing in any financial markets may involve serious risk of loss, Mr. Polny recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications.  Although an experienced analyst, Mr. Polny is not a Registered Securities Advisor. Therefore Mr. Polny’s opinions on the markets, stocks and commodities are his own and can not be construed as a solicitation to buy and sell securities and/or commodities.