The spec’s were less brave on gold while the goons covered.  The spec’s were braver on silver while the goons shorted.  So I guess I like gold better than silver for a while and I guess I am hedging in alignment with that.  I don’t fight the goons.  I try to wait them out and be alive when the time comes to capitalize.

One wonders if this is an indicator of a liquidity blip to come.  Well by one wonders I mean one crazy blogger who sloshes around in these indicators looking for clues.  Are T bonds over sold enough for a counter trend bounce?  Will this coincide with a Yen recovery?  What about junk bonds?  Is that ding over the last few days real or Memorex?