As painful as the recent trashing of gold and silver are, it is a pleasure to see that even with OE 1 day away, we still see big resistance to the boyz and their habitual hammering of the metals.

Gold and silver are both up this morning. Surely we will see the new york cirminals do their best today. But with each passing cycle the efforts they pur forth accomplish less and last for shorter periods. The physical markets are tight and getting tighter every day. Now even small sizes of silver are getting harder to find and dleivery is getting slower. The only entities that seem to be able to fnd actual physical are the non-auditable ETF's. That should indicate the accuracy of their inventory claims more than the ability to optain metal.

We are smack in the worst season for gold and silver. Yet gold reaches new all time highs in almost every currency. Silver is making determined progress in spite of ever increasing paper pressure.

The harm they are doing to my portfolio is painful. But the pleasure I get from seeing their best efforts cost them more and gain them less is making it easier to look forward with confidence and anticipation!