"As our wise friend Monty Guild has written in his recent commentary, the rise of the yellow metal is not going to be without its enemies' notice. The problem for the West and its perennial gold price-rigging scheme is that the central banks of other emerging economic powers around the globe have plans to increase their official gold holdings as part of their reserves and are emerging as buyers of the yellow metal. While the West may attempt to fight the rise in price, the East is going to be there to buy it up on the dips that such machinations create. I have long maintained that the battle over gold is really a battle for economic supremacy."

Norcini's commentary is headlined "Hourly Action in Gold from Trader Dan" and you can find it at JSMineSet here:

http://jsmineset.com/2010/09/22/hourly-action-in-gold-from-trader-dan-33...