I'm with you!! We have seen this type of currency action before. The Boyz need to change their game plan and one must consider that goosing the $ is now necessary in order to get the price of gold down. Over 2% hit to the Can loonie is a huge move and in the wrong direction given the current economic conditions of both countries. No believable profit motive to selling loonies to buy US $s.

As I have posted prior, the internal structure of the COTS demonstrates that if we get to OE at anywhere near the current price of gold, they are in big trouble and we could see every trick they can think of to pound the metal prices.

It may be that, if they don't get the price down and a good % of those with in the money calls opt for delivery, it will crush the CRIMEX once and for all.

These are indeed interesting times for gold (and silver) bugs.