I have also noticed that the paper crooks have hammered gold and silver to paint the tape once more. Platinum is now lower than gold. Gold approaches $830 from the high side. Silver is now below $10.60

The crooks have gold bugs squabling about whether we are in backwardation or even what constitutes bakwardation.

The gold and silver stocks are so under priced it makes one wonder if anyone understands value today. PM's and the pm mining stocks are being sold and the treasuries continue to be bought.

People will not find safety until they understand risk. Paper will soon approach it intrinsic value, that of fireplace starter.