While investors have been betting against gold, one expert cautions that “time may be running out for the shorts” – and he sees gold prices passing $10,000 an ounce when the current credit bubble pops. What event does he believe will cause the current credit bubble to pop, what will it mean for gold prices – and what does “an interesting idiosyncrasy in the way the Fed values the gold on its balance sheet” have to do with it? CLICK HERE.
Is Time Running Out For Shorting Gold?
- by Bob Mitchell
Tags:Balance Sheet on GoldCredit BubbleFed ValuesGold InvestmentsGold Ounce PricesGold PricesInvestmentInvestment StrategyStock Market