This excerpt from Ed Steer's daily email about PM action:

"In the piece I posted above from jessescrossroadscafe.com piece above, came these words... "I have never seen such a load of rubbish being put forward with regard to the markets in US financial assets and commodities, and I've seen quite a bit in the last twenty years. In particular, the campaigns against gold and silver are heavy-handed, obvious, and reaching the point of hysteria."

That would just about sum up what happened on Wednesday... as it was certainly "heavy-handed and obvious". On Tuesday I included a 6-month gold graph along with the following commentary... "You'll note that in the last four trading days, it seems like the gold price is rolling over. It's hard to say whether this is going to correct itself... or if it's going to go lower. If it does go lower from here... it will certainly not be due to any free market forces that I can think of... but it's too soon to tell right now."