The Kamikaze's on the Comex were out in force today hitting gold hard around 11:30.
This week is another treasury auction week and the US budget deficit came in at a record 220.9 billion for February.
This must be the reason for gold going down hahahahahahahahahahhahaha.
The price action in the gold paper markets is such a joke I do not even pay attention to it much any more.
The volume had thined out in many of the gold stocks I watch untill this latest bear raid. Even though the volume picked up most of the presious metal stocks I watch were up on the day. I guess there are not that many rubes left sitting at this poker table anymore hahahahahahahahahahahahahaha.
All in my honest opion of course.
F.F.