If true, this is really telling:

"the bullion banks are still net short an obscene 20.7 million ounces of gold...more than 25% of world production."

I'm excited about what's going to happen in the next few months.

it is inevitable that the shorts will have to settle in cash for both gold and silver. the gold they borrowed and sold into the market is long gone, and if they had to buy back every last one of those ounces, the price would be many thousands of dollars. the silver they sold never existed in the first place, and with the lack of producer hedging, they haven't even borrowed it against future production. that's where their real problem is. without silver industry grinds to a halt, and mining production is falling thanks to low metal prices.