Relevant:
- Charts (per Eric Pomboy) -- Technical Setup In Place for Major Gold Rally?
- Ted Butler: Massive Improvement in Silver, Gold Futures Structure
- Pomboy: Inflation Set to Surge; Precious Metals to Resume Rise (charts)
- Ed Steer: Gold Shares Rallying; Concentrated Gold/Silver Shorts Continue To Decline
- Leeb on Monday's "Mystery Gold Buyer"
2013-06-04 — kingworldnews.com
``If you go back to the 2005 bottom when gold was $412 an ounce [and the net commercial short position was as minimal], gold subsequently rallied to $714. This translated into a 70%+ move to the upside in gold. The same thing occurred during the 2008 rally when gold went from $712 to $1,215. Again, a 70% to 72% rally....''
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