Well, I give up. I really thought gold/silver would get a run here early in the month...after all, options expiry and jobs data are about two weeks out, right?

As others here have presumed, we tought that we would be on the verge of a nice, pent up, over due, seasonal, fundamental and technical dash to the upside...alas and alack, we are stumped again. Deliciously, all we have been reading from all our expert gold bull sources over the last month has teased us with Christmas sugar plums...that we are best to be positioned long. Hell, even the gold manipulators have been hinting positive...even going nuts with wild predictions of up to $2000 gold and $34 silver in 2012. It's not much but hey, throw a branch to a man in quicksand and suddenly you look a lot better.

So here we sit on the point of infinity. So many questions. Will they 'bail out' Europe? Will it be 'risk on' or 'risk off'? How much will they print for Euroland? Will the Fed. print this month or next? Will the wonderful new rules at the CME make them whole and reinstill confidence (oh yeah)? Will the cartel surprise us and run gold when we least expect it (into options expiry) to give them a leg up? OR, will they go for the jugular again this month and take the bullions down sharply to be followed by a rocket up? (this last scenario would fit with all the techies...as per the head and shoulders and the pennant formation etc. Will the gold/silver ratio drive up silver? Etc., etc., etc.

Will AUM get a break? Will they call off the dogs? The upside that never comes is dangled ever-so-tantalizingly close.

Well, my prediction days are over. I'll wait until after the fact to either moan or swoon over the results.

Cheers all. For those with day jobs...don't retire yet.