<<<<We are going to take that ($50 high) out and move a lot higher. We are suckering a lot of new short sellers into the market as people are comparing it to a bubble now or 1980, the Hunt Brothers.>>>>>
TOTALLY AGREE ON THE NAME AND HOPE YOU ARE CORRECT IN YOUR ASSUMPTION REGARDING - THE SHORTS
We got a brief taste of this April 5 of this year when the HUI shot up nearly 30 points in a single day. That was the first sign that the days of this trade are drawing to a close. There is an old adage in the trading world which is apropos for this situation:
Bulls make money; Bears make money; but Pigs get slaughtered.
Hedgies beware. The time is coming when there are not going to be any sellers on the other side of your trade when you need to unwind it.