RE:shorts! Agree with your statement......It's quite obvious to many of the precious metal professionals that the US FED and its numerous members of the so called non-affiliated "boys & girls club" have failed to provide the average american with the confidence to re-enter the market. The american people have been let down....The top 1% have been FED with a silver spoon.....
I strongly urge staged investment in precious metal companies of which Goldcorp is way undervalued. We should soon see increased short covering as this manipulated market digests the overall failure of the FED......
It's been 7-8 years of QE1,2&3 and 0% interest rates and yet the FED is unable to increase rates.....EPIC failure IMHO.....They would have been further ahead to allow more bank failures which in turn would have created short term pain but ultimately a quicker resolution and confidence for the average american family that they have been looked after ahead of the top 1%.......