Historic Short Squeeze To Send Gold To New All-Time Highs

Wednesday, January 22, 2014
By Paul Martin

January 22, 2014

On the heels of tremendous volatility in key global markets, today a 42-year market veteran spoke with King World News about exactly what is going to trigger a massive and historic short squeeze that will quickly send gold to new all-time highs. John Hathaway, who is one of the most respected institutional minds in the world today when it comes to gold, and whose fund was awarded a coveted 5-star rating, also discussed how this short squeeze will unfold, and what it will mean for investors.

Eric King: “Earlier in this interview you predicted a major short squeeze in the gold market. How do you see this short squeeze unfolding, John?”

Hathaway: “There are people who sold gold synthetically. A lot of that settlement will be made in cash. There are a lot of people who are short and you can see that in the CFTC numbers — managed money accounts, managed futures, HFTs (high frequency traders), etc….

The Rest…HERE

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