Arraya it is really interesting. Chris S also issued similar warnings about gold a few weeks ago but of course was shouted down by many people here. The murder of commodities has indeed been swift and of course all of the people who love to talk about how much they have made off gold and such have been silent over the past week. Seems like they are slipping into the hold and hope mode. Other people I spoke to seemed to echo what you are insinuating which is, there is no chance that the Wall Street would let gold run and the 1000 point seemed to be the trigger for them to take action.
So the question is, do you really think they have enough power to continue to knock it down? Right now it is fascinating to see how much it has lost in just a few days. There is no logical reason for it to behave in such a manner. That is the problem though isn’t it? Logic has little to do with much of anything these days.
