Hathaway – “If I’m Short Gold Here, I’m Getting Really Nervous”

Friday, January 24, 2014
By Paul Martin

January 24, 2014

Today a 42-year market veteran who predicted the spike in gold ahead of time spoke with King World News about the explosive action in gold. Now that the rally he predicted is unfolding, 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 what to expect from the gold market in the coming days and weeks.

Eric King: “John, you made this call for a short squeeze in gold to unfold. Are we in the early stages of that squeeze now?”

Hathaway: “It looks like it. Of course only time will tell, but it looks like what you had were the high-frequency traders and the algorithmic models trying to push gold down below the mid-$1,230 level overnight. Obviously that attempted smash failed….

The Rest…HERE

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