This is the kind of people we are up against and they call them Senior Strategists. In fact they don't have a clue of any strategy and are just momentum traders chasing into one direction.

The problem for us is, that there are plenty of these kind of Einsteins, so together they are very strong and remember, it is not their own money.

The advantage we have, is that there is also a cartel of bullion banks and if I am not mistaken today they have started to take benefit of these Hedge Fund shorties and are taking the other side of the trade. I hope I am right in that observation.

http://finance.yahoo.com/blogs/breakout/short-gold-til-hits-1-000-trader-says-132113060.html