"where are the buyers?"

Turning the story over to a more realistic flipside, sounds like the present circumstances in most of the heavily hedge fund shorted small caps market (don't take my word for it, take Sinlcair's) make the perfect recipe for shorts being Spring barbeque'd and unable to cover all their bets.

What does that portend for the SP of small caps going forward? Ponder about what happens when shorts can't make wholly good on their gone sour wagers after the HF's have already squeezed every last drop of chicken soup from the market.

The well-informed stalwart "remnants" know how the HF bums have painted themselves into a corner and former crowd are resolutely holding onto their long-term positions in confidence of deteriorating supply versus demand constraints. They know full well a bull market is forgiving in that it will inevitably bail out those who wisely wager on the long side of the prevailing trend versus those who bet poorly on short-term displacements.

Take a peek at the Rough Rice market for clues as to what happens to Shorty after a brief storm has shaken the tree to it's roots and it's left standing to grow taller under more normal weather conditions (when reality takes hold.)

Yes Silver riots are coming to a physical market neat you, the only difference being competitors in this field will be global industrials who will be starving for the essential lifeblood supply needed to sustain corporate life. Above-ground stockpiles have all but run out except for those remaining in investors' hands and they will not part with the goods so early into the game except to sell and rebuy small pieces into the odd spike up.

ESL