A couple of well respected 'gold gurus' I follow are forecasting a drop to around $1600 in the price of gold. (lomg term bullish). As Bernanke & his boys tinker around with the $US and continue to fudge numbers, they'll be pulling all sorts of rabbits out of their hat's to suppress or drop the price. Maybe a 100% margin requirenent from the Crimex, which would certainly screw the 'Hedgies'.

So ..........is this what those shorters are waiting ( hoping & praying) for. If so, the next dip in gold is possibly when you see these folks try to minimize their losses and exit at whatever the market may give them. As we've seen this month, some of these price swings (gold) can be quite dramatic.

Personally, I don't think it's going to give them much. The SLI share price is in a nice uptrending trading range, and because of our share structure I suspect any legitimate asks will get absorbed reasonably well.

For the time being, I'm quite happy to consider SLI as one of my underground vaults for my gold storage. Now, ........ if only someone would give me the key.