I get the feeling last weekend was part I of a U.S. bailout in the form of pounding gold down and supporting the U.S. dollar. It doesn't take much to get Canada to sit up and bark...hell they had Bank of Canada chairman David Dodge bashing his own currency a week or so back right in New York city. Today is the continuation...

Looking for gold to bottom at $780 and head right back up.

Canada...we're about as independent as cylinder #5 in a V8.

safeharbour