Who's short?
Bullion banks. J.P., Goldman Sucks and Deutsche Bank. They are the agents of the Central Banks that manipulate the gold price lower.
The cronies of Clinton Treasury Secretary Robert Rubin (at G.S.) made a fortune by "borrowing" gold from the U.S. Gov't and selling into the market to hold the gold price down while Greeniespan was running the printing presses at full speed. Clinton's strong dollar policy was actually a weak gold policy.