Looks like everyone has forgotten about the "Chinese Put" at the $1100 mark. Those boys are having a hayday buying up gold as cheap as possible around this level and no doubt have a way of influencing the price. Of course, simultaneously over the last few years and not by coincidence, they have expanded internal gold commerce...buying, selling and trading...amongst the Chinese bank/brokers/dealers in order that gold and silver are increasingly available/accessible in small to large quantities for all Chinese people.

In contrast we have the whole bank related western world pushing, diluting, leveraging, counterfeiting, derivitizing, obfuscating, spinning the paper gold markets for all their worth with the aid and support of the bought media, the Fed. etc. and GFMS along with the World Gold Council.

Just another day in the PM markets. Better get into that $US before she really takes off! what a buy!