The pm negatives:

We have the labor report. The boyz have to hit gold close to, and day of, the labor report. Its their history and their habit. The worse the report, the harder they push.

Just a few days ago, Dennis Fartman said gold will rise and he added to his recommended position.Talk about a sign of poor price action to come. Gold down about $20 since then.

Euro hits a new 4 yr low this am; 120.9.

PM stock shorts increasing to help the criminals dampen investment sentiment for gold and silver and aid in their price supression scheme for the metals.

Greece was puppy poop. Spain is in terrible shape. California is bigger than Spain and Greece together, in much worse shape, and getting worse by the day. The political hacks in DC send billions to Greece and at the same time watch as Calif decays, soon to become a ward of the DC mafia.

The pm paper game is exposed for the con-game it is and STILL there is no action to reign it in. The US agencies "responsible" for regulation, don't. Anyone still think the CFTC, the SEC, or any other disfuncational regulatory body will make a difference?

There is a growing fracture between the price of physical and the paper price of pms. This is our best sign that the metals will eventually break free of the paper shackles.

There are indications that the crooked bankers are not only trying to cover shorts, but quietly acquiring long positions. This is significant. If only 10% f paper contracts ever stand for delivery, the criminals could keep shorting. By pushing the price down periodically it allows them to pick up cheap longs when the computerized traders sell out. Then when there was demand for physical settlement at OE, the bankers have enough long paper to offset the few stoppers for which they are responsible to deliver physical. Once again we see the paper game has ways to protect the criminals, but not the investor.

Its all out there for those with eyes to see. Why don't they? This ain't news!