Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199


Search Gold Prices
Gold Price
[Most Recent Quotes from]
Our RSS Feed

Gold Updates by Mail

Enter your email address:

Follow Us on Twitter
« US dollar slides after Federal Reserve speech | Main | Gold and Silver are Down as the USD recovers »

James Turk Says Today’s Gold Rally Is Definitely Shorts Scrambling To Cover

Despite the large commercial short positions, the price of gold and silver continue to remain firm. Today James Turk told King World News that the turnaround in the gold market is definitely because of shorts scrambling to cover.

James Turk:  They did it again, Eric. I can’t count the number of times the precious metals over the past several years have been smashed going into option expiry…

The gold price dropped yesterday in the US trading and this morning here in London to as low as the central planners and shorts could force it. The result was that calls on thousands of ounces of gold – which only a week or two before were in the money – expired worthless.

read more....


Beware the options expiry dates.....

If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

If you are new to investment in the precious metals sector then you can subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address and we will email you our articles along with other interesting posts.

Please remember to check your spam folder once you have subscribed to ensure that our verification email has not gone astray and you are getting our emails.





Winners of the GoldDrivers Stock Picking Competition 2007 






PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>