We have had a run in gold/silver and the shares far greater than nearly anyone had anticipated. And as you know, the buildup of “commercial shorts” particularly in silver are at all-time highs. By rights, if history is any guide we should experience a sharp pullback. This has been the case for several weeks, yet the “pullbacks” have been shallow and short in duration. I will still say “this is the rally you never sell” no matter what the pullback looks like because if you are “out” at the wrong time …you may be out forever.