Gold and silver are higher than expected this morning. Normally on an OE day, the metals would have been pounded starting Friday and continuing into today. Gold and silver are down little from Friday. Yesterday, if they were trying, they failed or must have be considered impotent.Given the numerous reports of delayed deliveries, of repatriation of physical gold our of new york and london to more "trusted" or even private storage.

We have been saying/reading of delivery delays, pressure to settle contracts for cash instead of metal, physical "missing" from previously trusted stores (notably Canadian and Swiss). That this information never makes it to the mass media propaganda spouts is not new.

I am not predicting any date or price. The condoned crooks have shown resources and tricks at every turn to manage a slow retreat. They may be able to keep the metals restrained for some time as we go forward, but the tide has turned. They can keep the public illinformed. They may be able to limit daily moves, but the pressure will eventually overwhelm them.

So today when we get the inevitable hail mary pounding it won't bother me. I'll just grab an ounce of the yellow and remember that that one ounce will always be in demand and be worth one ounce. If you have any physical, hold it! The day is comming when its price will be beyond our current ability to conceive.