from Jim Sinclair.

"When asked if the hedge funds who have been trading long gold but short the mining shares were going to cause the shares to rocket as those hedge funds were forced to cover the short positions Hathaway replied, "In the short-term I think you could see that. Gold shares have been hesitant, acting as if gold didn't belong at $1,440 and now that gold seems to want to stay there I think people have to revise their expectations for the gold stocks".

It may be that investors are going to finally buy those Gold STocks. Without them mining Gold, how would there be any precious metals on the Market. If the world is grasping for Gold, there must be new production coming on stream to satisfy DEMAND............... Let's hope the hedge funds go LONG buying Gold STocks............