strange weather we are having today, gold up 11 bucks and GDXJ down 11 cents....but this will quickly pass. Pros and Big Bullion and the giant shorts are figuring that the POG will quickly spike down....
they are out on a limb now. So often they can scurry off that limb but as this bull market expands and grows stronger -- and it will guaranteed -- more and more they will not be able to get off that limb and will take some very hard punishing losses.
My bet is for next week to be a huge week for GDXJ to the upside....They are clearly losing and this is a big week for the massive gold shorts. This week or they die, but either way, next week should be terrific.
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