Paul Craig Roberts, former economic advisor to the Reagan administration claims the Fed has been manipulating the spot price by naked shorting paper gold. Who in their right mind would short a bull market? Only people who have a vested interest in keeping the prices down.

As for Cyprus, there's going to be a lot of pissed off well-connected Russians looking for payback on this one! The Cyprus "leaders" should have told the EU and that evil witch Merkel to shove their terms where the sun don't shine. All the politicians have sold out to the globalists. Except, who, Iceland? And look at them now.