"Even in the recent years grossly distorted by the Fed, major short-covering rallies have erupted in the precious metals from speculators? same extreme short levels as today?s. Taking up to several months to unfold, these short-covering frenzies lead to double-digit-percentage gains in gold and silver prices. And there?s a great chance these coming rallies will grow much bigger as the stock markets start rolling over." http://www.24hgold.com/english/news-gold-silver-extreme-gold-silver-shorting.aspx?article=7080825172H11690&redirect=false&contributor=Adam+Hamilton&mk=1