I liked one thing from Portee's articie - that since gold is still up, the gold stocks make sense to come back from their extreme lows too. On the one hand, everyone has been taking money out of the markets, and gold stocks are speculative. On the other hand, there is a desire out there to find the next bright investment subject, and gold stocks have been out of favour a long time ...

As to the Comex, I love a nip of whiskey and hope to visit Ganalane for a dram, sorry Portee. I was at one time waiting for the Comex to default, but it's uncomfortably clear to me now, in my opinion, that the gold market is 100% managed - the big trading houses and central banks can sell infinite amounts of made-out-of-thin-air paper gold and swamp the Comex at any time. The demand for physical gold is always teeny by comparison.

I believe the banker's adages, one of which is "commodity prices are always controlled by whichever market has the greatest leverage." That would be the Comex.

Another banker's adage is "the ultra-rich love crises as they return assets to their 'natural owners' (i.e. the ultra-rich)." Still hoping while the ultra-rich are making their milk run that we KXLers make out good along the way.

Broken arm 3/4 healed up by now, and taking a day off from wolverine wrestling, it being Valentine's and all. Yes, true I haven't posted as much recently, admittedly a bit distracted, looking for a 6 or 7 figure sum that got misplaced from my accounts somehow, have upended laundry basket, emptied the lint catcher, peered under the stove elements and even pulled out the back seat of the car, no joy yet. Hoping it wasn't inside the Hummel figurines that got sent to the dump. Maybe will find it before Christmas. Hoping we all do.