Gold $1242.80 OFF $32.40

It appears gold will not aid Probe shares in the weeks ahead, as the MACD indicator on the daily chart is about ready to turn down for about another 15 trading days. Earlier, it appeared that the 1260 area might slow down the recent weakness but later on in the day, it gave way. It seems there is more price slipping ahead for the regal metal.

Martin Armstrong says liquidity has dried up 50% since 2007. On the COMEX they had to stop trading for about 20 or so seconds today for the lack of bids, this apparently is just lack of interest and not manipulation. Armstrong says manipulation takes place against the general trend. For the general commodities market, the trend remains bearish