Do not underestimate the short sellers defending a bad situation. The latest rallies have really pressured their short positions. They will not roll over easily but get run over they will. many gold/silver news letter writer types and technical funds have been left behind on these gold/silver rallies in metal and equities, look for them to really start buying and this should help run over some shorts forcing short covering which will move things even higher.

So many have expected the yearly low in July but I have maontained that it occreed in ,late Mya which for sure is earlier than normal. To me markets are not that easy and I was pretty sure the bottom would not be when all these market participants were expecting it. At the very least these market tech guys have missed a good rally for subscribers, we will see what the rest of the month and summer brings, for me I think the trend is higher in short term and of course I'm a long term bull but I never underestimate the cartel banksters.