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Message: Gold slightly erratic

The metal falls from $1640 to $1623 in a few minutes and then comes roaring back in about the same time to a last of $1642.60. The seller is obviously not interested in selling anything but must make price for the boss. It might appear from today's activity that the buyer has had enough from them. And oh yea, Russia as reported as being the main seller lately was a key buyer last month along with Mexico.

FYI. The Mexican Mint has stopped production of fractional gold and silver pieces for 2012. What will they be doing with their capacity not in full production? Hugo Salinas price the second richest man in Mexico has been pushing for re-entry of silver coins into the country's currency system. It might seem far-fetched, but what happens if gold and silver coins come back into circulation in Mexico?

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