... that tomorrow there will be a large battle over the price of gold and silver. On one side will be the current supply vs. demand pressure to considerably raise the price of both metals.

On the other side is the long lived cartel that has spent the last 15 years sitting on the price of gold and slver. The motivation of the cartel has not been dented. They cannot let gold fly because that would hammer in one of the last nails in the $ coffin. They cannot 100% control the metals because they do not have enough metal to survive a massive demand for physical delivery. They have been in a rear guard action for close to 2 years now.

We know that the information of planned hits on the metals is shared with a number of "insiders". I wouldn't doubt that the big hit on ECUXF was a minor cartel insider trying to score a few thousand $s in the US market. This would explain the huge delta between ECU on the canadian market and ECUXF in the US market, (probably other multi-market shares may be involved).

I anticipate a battle starting tonight and not finished until the metal markets close tomorrow.

If I am right, then late November and for the rest of the year and through winter, gold, silver, and their shares will have a very strong move up before the next correction.