RE: RE: Shorts down 5 millionDon't know but my feeling is the shorts are not trying to get every nickel now. I think the ones in it for a profit are trying to cover slowly. The down draft on Friday was in my opinion a shortage of buyers on a critical day for US economic news.
Non farm payrolls were 1/6th of the expected number. POG rises. Debt stalemate in Washinton will drive the POG up even further. Greece and their problems will be nothing if the US doesn't get it figured out.
I think the market players will drive all gold equities to new highs in the next 3 months. SMF will go to old high and maybe $16. Watch IMG as I think it will take off too.
Wes