Well the games continue on the Comex and they are becomeing so obvious it is getting to be a stale joke.

The volume has thined out considerably lately and I am beginning to wonder if even the most stupid of the true believers has started to figure out that they are being had hahahahahahahahahahaahahahahaha. Once again the gold price was brought down below 1100 where there was a large concentration of options and thus they would have expired worthless. Serves them right, nothing but a bunch of gamblers who obviously are not that bright.

Sure you can make a pile of money betting on options and such if you just happen to get very lucky, just like you can make a pile of money at the roulette table if you guess right. However just like the roulette table which has one of the worst odds in the casino the chances of you going broke betting on options are far greater than hitting it big.

The volume thinning out perhaps as I postulated in a previous post is indicative that the Comex is losing credibility as a price setting mechanism for gold and silver. Perhaps this is why the CFTC is finally starting March 25 going to hold discussions on limiting position sizes. Perhaps that is why the Commercials are covering there shorts so quickly as I already mentioned.

It is being reported that gold and silver coins are flying of the shelf as soon as the suppliers can bring in inventory which they are reporting is hard to get in quantity and in a timely manner.

The above and the fact that certain gold and royalty companies are paying 500 - 600 dollars per insitu gold tells me all I need to do is have a little more patience.

All in my honest opinion of course.

F.F.