We have recognized the rapidy of this run up. The speed of the price increase makes us all smile and I imagine that in the back of our minds is the question of; "willl they kill the price again?" Here is some insight to the interior structure of the COT, which has been a very good indicator of cabal intent for 15 years. All points are for Nov contracts. There is a huge drop in total OI after Dec contract.

Primary ceiling $1,200

Secondary ceiling $1,150

Tertiary ceiling $1,000

Floor/ceiling transition $950 This is the level where total calls become greater than puts.

Minor floor $850

Secondary floor $800

Primary floor $750

The wide range suggests to me a lot of potential for a downard move. The $ is up this morning and as has been reported gold is down. This suggests that the cabal has decided that they can or must start their best effort to hit the price now in order to:

- Have enough time to get the price down before the Nov contracts expire. The amount of in the money contracts spread over $950 to $1,050 is huge and the Boyz can't deliver against them nor do they wish to pay out many millions of $. Downward moves have been smaller than the larger up days recently.

- Decrease the dangerous trend (to them) toward a run away gold market.

- Punish and Discourage speculation in gold.

- Save their crooked asses!

The lack of OI after Dec is unusual and indicates to me a lack of confidence in a move either up or down. Unusual.

I am torn between my desire for it to be "different this time" and the demonstrated history of the scum overpowering the market with their ilegal manipulation of the paper market. I am not predicting anything at this time as the numbers, range, and distribution seem so different than in the past. But I thought I would share this analysis with the board as it has been the least exposed and most reliable indicator of potential price movement for a long long time.

Please do not forward this. Jack