8 More Reasons Why I am Long Silver!, page-5

There is definitely panic in the gold, silver, and mining sector as we move into the final stages of capitulation. We are witnessing a major bottom forming in the gold and silver markets as the commercial traders and bullion banks continue to take the other side of the trade from the crowded hedge fund shorts. When the time is right, they will take the price of gold violently higher and crush the hedge fund shorts. Silver will trade similarly to the upside. Remember, the banks always win. It’s just a question of when they pull the rug out from under the overconfident shorts.