PMs go parabolic, and the miners sell off. Who would sell their mining shares while silver breaks resistence at $31? The President's Working Group on Financial Markets, that's who. Considering that miners hold reserves, their price reflects spot price. The opposite is obviously true, but what I am pointing out is seldom stated.
Barricks Gold Miners may have the world's largest private gold reserve. Their shares reflect the price of gold. If they are sold, does spot come down? It has in the past, but now that paper gold has decoupled from physical (which I wrote about on January 7th) it matters little. There is not much the Money Masters can do at this point to stop the price of the Trinity from being, well, priceless.