Regis- Mining lots of Ounces GOLD with no debt, page-15

Thanks ezirida, I find it a good way of visualising it. I know there is that shortman site but it doesn't overlay the price. I like seeing if the shorters are the 'smart' money or the dumb money, basically if their movement precedes the share price. Seems in this case it is the latter.

Today's moves started off in line with the US gold indices which were up 4% last night although it picked up pace this afternoon. The Australian gold stocks have tended follow the US gold indices more closely recently which is perhaps an indication of a broad wave of money coming into the sector rather than specific stocks running like NST.

I find that when Australian gold stocks close strongly in the last hour of trade then it is a very good indication of US dollar gold price movement overnight. So we could see gold heading back toward $1190 tonight maybe.