Gold crashes but physical demand sees unprecedented demand

This author properly differentiates between paper shorts (seller-manipulators) and physical longs (buyers), but he improperly uses the phrase "short squeeze."  In a short squeeze, prices rebound sharply as a combination of shorts covering and longs buying contribute to the melt up in the aftermath of bear raid reversal.  In other words, the short squeeze hasn't happened--yet.

http://www.resourceinvestor.com/2013/04/18/gold-crashes-but-physical-demand-sees-unprecedente?ref=hp