Read the language that they (the shorts) used, you should understand deeper stories behind their writting. Shorts are nervous this morning. Tons of articles are coming out in the AM, all are about gold and silver and how their future would. It looks like all of them have the same characteristic "convince traders not to be in gold & silver". Patience is what we need.
I swap some position today. But I still hold a lot of them. Wait for a big run-up. One of the accounts are up 6 digits today.
NUGT loss 50% in a few weeks. I think shorts are damaging it badly, but most of them have not yet covered. Soon some of them will cover and others will chase it.