G&S attack this morning at Comex open. Shares being hit as well ahead of FOMC meeting. Can't have any inflation showing before Bernanke speaks.

An analysis of last Tuesdays COT report shows Commercials going long in both gold and silver and the other majors such as the hedge funds all shorting to the maximun ever. I still think Government/Morgan has found a way to fudge the COT report and short through its hedge funds and keep G&S down.

Todays take down should be short-lived until after FOMC announcement but of course we still have to survive the take down for Friday's jobs report. It never ends. But next week we will really soar!