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Message: "Shorts are getting itchy to cover"

"Shorts are getting itchy to cover"

posted on Jun 04, 2009 08:16PM

Words from Jim Sinclair at jsmineset.com:

The goons are now making fools out of themselves in gold equities. The gold share hit yesterday was GRANDSTANDING in an attempt to shake out stock for a cover.It is apparent to me that the shorts are getting very itchy to cover. That is what dirty tricks are all and only about.

I really can’t understand why anyone wants to trade here or try to market time here. It is so obvious to the trained eye that the train is pulling out of the station for biggest move so far in gold. Stop trying to time everything to the minute. You want a full position - do it and do it now.

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