With the COT reports showing how the big banks dramatically lowered their short positions lately, I guess the ideal scenario would be for Gold and Silver to slowly climb back up to $1,800 and $40/42 by early November (date of the next FOMC meeting), prior to the QE3 announcement.

I know, I know, Supertramp once wrote a song about this, "Dreamer, you silly little dreamer...."

Later