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For those uninitiated in finance, a "short squeeze" refers to a situation where an individual or legal entity sells an asset in the future without owning it first, in the hope of buying it back later at a lower price in order to make a profit. However, if the price of this asset increases instead of falling as expected, this individual or legal entity is forced to buy it quickly to honor the delivery of their forward sale. This hasty buying movement then contributes to accentuating the rise in prices. Isn't this precisely what gold prices have been reflecting for...

56a ET Sunday, July 12, 2020 Dear Friend of GATA and Gold: Surreptitious intervention in the gold market by the U.S. government is the target of legislation introduced in the House of Representatives by Rep. Alex X. Mooney, R-West Virginia. In a letter to House colleagues seeking support for his Gold Reserve Transparency Act, H.R. 2559, Mooney writes: "Because there are concerns the U.S. Treasury may have sold, swapped, leased, or otherwise placed encumbrances upon some of America's gold, H.R. 2559 also requires a full accounting of any and all sales, purchases, disbursements, or receipts; a full accounting of any...

famed Fort Knox is a facility managed by the U.S. Mint. Curiously, however, in a recent exchange of e-mails with a gold investment blog, the former director of that agency demonstrates a disturbing lack of knowledge about the precious metal supposedly stored there. And the Federal Reserve may be hiding the location and value of the allegedly missing bullion. On July 1, Koos Jansen of goldseek.com published another in a series of posts exploring the fate of the gold allegedly kept in vaults at Fort Knox, Kentucky. In his latest article, Jansen makes some startling claims that if proven true,...

We won! Though we were widely considered underdogs to the Russian and Canadian teams, the USA squad made it to the finals of the World Junior Championships in Russia and triumphed over Sweden, 3-1, to take the gold medal. Not only was it hockey—hockey still exists—it was a great American triumph, as Florida Panthers draft pick Rocco Grimaldi scored the tying and go-ahead goals after a less-than-promising start to the game. As Desi_Relaford noted in the game thread: "Nothing is more American than winning a gold medal in a sport that barely registers in the US in a tournament most...