Excerpt:

“Charting gold in Euros shows it has continued to make new highs as contrasted with the dollar. This divergence indicated that gold is not in a bubble top formation. However, this does not preclude a pause in the uptrend for a brief period. This also strongly suggests that the rally in gold is far from over, but the timing will extend into 2016 at the earliest and 2020 for the latest where we will see the dramatic high that should reach at least the $5,000 level. This is NOT a bullish forecast for gold in a traditional sense. This reflects an overall collapse in our monetary system for nobody is even yet questioning stopping the Sovereign Debt Crisis by ending the perpetual borrowing. The collapse will be violent and overnight similar to the Lehman collapse.

Traditionally, a high for gold on June 13th/14th with a low in the dollar would signal a reversal of fortune leading to an opposite move for each. However, we cannot lose sight of the problems presented by the Sovereign Debt Crisis. Unemployment will rise from the public sector in the state and municipal levels. In the USA, we should expect no real action at the Federal Level, while the next phase will see rising debt problems in the city and municipal levels. Debt defaults and restructuring will take place at this level. Europe, on the other hand, will continue to show the cracks in the whole Euro concept. There is a high risk associated with the Euro inasmuch as Southern Europe will have to break away for the deflation imported by remaining in the Euro will cause tremendous civil unrest.

Gold is not really backing off, and this raises the possibility of a pause in trend in dollar terms, while gold is likely to remain generally high and base-building for the next launch. Without question, we are in a serious position for the next 8.6 years and things will get much worse rather than better. “

So, I'm still confused...between the manipulation/corruption and the above and all the other perspectives.

As for SFMI, just part of the JPM crowd being pummelled here by the nasties....and yes, solid news will be good...but glad it hasn't surfaced yet because it would have been wasted in this environment.