Maddog – it would be nice to see that USD come down and it would be good for the rest of the world, their weak currencies are killing them.
Ipso – agree, this is a tough place to sell, and we’ve not seen that big of a move higher – especially some of the large caps like NEM. GDX and GDXJ could easily move up 40% from here.
I’m hoping there’s plenty of short covering yet to come in silver as the funds are tits short. Would be pretty disappointing if we don’t continue up from here for a little while but these metals need to rally a good 10-15% quickly. JMHO