We are on a razor's edge right now. The new gold rally has been somewhat confirmed by silver also beginning its own rally and by the mining stocks leading the charge ahead. On the other side, however, we have a massive, historically large net short position that's been built up by the large commercial traders. Typically, when the large commercials have built up such large net short positions, it is followed closely by a severe correction in gold. Right now, we have a battle royale between the bulls in gold and the large commercials that are short the market. There is a chance that the bulls could continue to buy and force the large commercials to begin covering their shorts. This hasn't happened often during this long turnaround in gold since the turn of the century, but it has happened on occasion. When it does, we see spectacular rises in the price of gold and silver and in the values of mining stocks.