Be careful, fellow PM bulls.... DG was a buyer today! LOL!

"Regarding gold, it has held, and as the US dollar weakens, gold is breaking out to the upside. We had hoped for a day or two of continued quite market activity, holding just below $940, for we found ourselves becoming quietly supportive of gold from a technical… and from a dollar devaluationist… perspective. The fact that gold has traded nicely above $940 in Asian dealing and that the bond market is weakening and that the energy market is strengthening is forcing our hand. We are coming back to gold as a buyer this morning, upon receipt of this commentary."