The article below came out 4/26 citing mkt action through 4/22 which demonstrates with recent hindsight (esp today), that pessimism about this PM rally  is causing a lot of angst for skeptics of the bull reversal and the hot money.

…..as of 4/22 ‘overbought’ GDXJ and HUI w/negative crossover and RSI fading , of course analysis wouldnt’ be complete without citing COT….

http://www.mining.com/web/madness-in-the-crimex-trading-pits/

It’s good to be here with converts and their $ are still coming in.