RE: RE: Gold Sell-Off / Short coveringAccording to Jim Sinclair, the cartel is shorting against central bank buying ie Russia, China, Middle East. This is significant because these buyers will take physical delivery unlike the usual speculators. The commercials can be broken if enough of the contracts demand delivery of physical metal. If these are governments buying on the long end I can't imagine them taking cash instead of physical if it was physical that they intended to purchase. I don't think they would tolerate a rule change in mid stream either.