James Turk: Buying Panic in the Precious Metals to Set Up The Mother Of All Short Squeezes?

• Turk – The Mother Of All Short Squeezes In Gold & Silver! 
  by www.kingworldnews.com
  Today James Turk spoke with King World News about a developing situation which could very well create a massive short squeeze in both gold and silver.  This is really an extraordinary set of circumstances which Turk has pinpointed that has the potential to set off a massive buying panic in the metals.
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  Turk: “I think the most important thing that has happened since we last spoke two weeks ago, Eric, is that gold has risen $148 from its low, while silver is $2.25 above its recent bottom.  Those are jumps of 11% and 10% respectively.  It is an indication that precious metal prices were pushed to a such an extreme that those bargain-basement prices were simply not sustainable.
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  Further, I think it is fair to say that there has been a buying panic in the precious metals, which is exactly the opposite view that one would receive by reading the mainstream media….
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  read more!

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