The recent selling on Golden has been down right stupid and nasty as in aggressive everytime it tries to recover back to a more normal valuation. It's probably just a coincidence that the same action has been going on aggressively in the gold price. The gold price suppresssion lately has been deliberate, aggressive and successful in keeping gold donw low enoguh so today's expected news only gets gold above $1600 instead of above $1700.

The gold cartel are very good at acting on behalf of TPTB with their free money and free passes. they have almost completely destroyed any positive sentiment for gold or precious metals equities to the point of many will be left behind when they should be making money in the future. In 30 years I have never seen such an utterly deliberate or successful operation. They are extremely goo using free money and support from the FED and US Treasury, not sure how good they would be using there own money without a too big too fail moniker and backstop. As we have seen recently with JPM, maybe not so good!!!!