It would be interesting to know. My first thought was, buy more out-of-the-money puts on the mining stocks when the prices of the metals rise substantially. Options, perhaps? A strong bias toward large cash balances to buy when the price is most severely distressed by interventions, with less dollar-cost averaging? And perhaps he's flushing some of the turd stocks?

Though I sound like a broken record, I personally believe the HUI and XAU will finally play catch up and leap frog, and then PERFORM. There is a MEGAPHONE OF PROFITS coming to a quality gold stock near you, and fortunes will be made looking forward to this prospect. The top line of the megaphone is the rising revenue from the rising average price of what they sell, and the bottom line is the reduced cost of production. Can't say when, but it must be soon...

Cartel will try to pound things down for the G20 spectacle, then we run! The intervention this morning looks weak.