Timber, if you didn't understand what I meant by the market being short then you are wasting everyone's time. However its clear you do, so once again you are just being cute. Seems you can't help yourself. I understand that its the speculative market ie prop traders, hedge funds etc I am referring to. Depends where you are long at as I consider gold still to be well in truly in a 12 year bull market. What has changed recently is the size of the short position by the speculative part of the market & this is the area which I believe will eventually be squeezed. So again I stress when the US equity market bubble implodes its these gold shorts that will be scrambling to cover if they haven't already.