The Spec Shorts have been feasting on the easy momentum of the downside trade. Now gorged, pockmarked and slovenly (picture Jabba The Hutt), are their shorts beginning to get a little too tight? Have they begun to bust at the seams? It's only a matter of time.

You'll recall a podcast with David Morgan last week. Here's another one that's pretty interesting.

No, not in gold or silver, of course. Nope, today saw a new high in the LSHI!

We must admit that it is looking increasingly likely that a washout is coming. Previously, I had only put this at one chance in four. After these past three days, we must now consider this a 50/50 probability, at a minimum.

Well, not figuratively. I'm pretty sure he's still in Canada. The topic here is Cyprus and you need to read it.