Here's the main thing. 99 out of 100 such problems are a bad pump motor, not a short. You can not tell whether the wire from the fuse is shorted to the body, or whether the continuity you are reading is through the pump motor. So to find a short, you are going to have to remove the tank anyway to disconnect the pump. Once you do that, you can now telll with 100% accuracy whether the power circuit is shorted or not. Or you can ignore than and simply connect the pump to your battery, being sure to use a 20a fuse for protection in case the motor is frozen/shorted internally.
But the tank is going to have to come down to diagnose this. I can guarantee you that any normal mustang will show continuity from the fuse to ground, because the motor is providing the continuity. It has to be removed to see if there is a short...
Let's not turn this into another "the clutch cable needs to be shortened as the clutch wears" type discussion...
Read posts 8 and 18. I believe it's either a short in the fuel pump wiring between the relay and the inertia switch, or possibly a PCM problem in light of post 18.