Please excuse me for focusing on gold, but I have a lot more data on gold and it is a much more stable market. Silver historically follows the direction of gold but with a bit higher beta.

Each day this week there has been a gold drain out of SPDR GLD.

The early CME report (for yesterday) gives an increase in CRIMEX gold futures OI of over 3,500 contracts. Buyers are taking advantage of the drop and are right back in the market.

One interpretation is that the same buyers that took us up through $1,000 with strong physical purchases are taking advantage of the Boyz ass saving move this week. Its s a good bullish indicator! It also serves as punishment and weakening of the cabal effectiveness. They don't care if they lose billions of US $s, they just create more. But they will find it harder and harder to keep paper market credibility as physical is continuously removed from them.

As painful as these last few trading days have been I can see the cabal weakening and that gives me a lot of confidence that we are approaching good times for pms and pm stocks. Unfortunatley their greedy, selfish, ilegal acts will also accelerate bad times for the US economy and the average family trying to get by.