You got it Wannabe.

That gold spike was so obvious. Looking at the three-day gold chart, the price flat-lined the past two and a half days until the market opened this AM. Then down it went off that flat-line as far as they could take it before the announcement this afternoon. As if they didn't know gold would spike. Better launch from as low a point as possible so the gain day to day doesn't look that bad.

Give the cartel time to regroup and the leaning on the price will probably start again. If gold should be over 2000 bucks right now, inflation adjusted, letting it run a spell shouldn't hurt them one bit. IMO, whoever said that "control of the monetary metals is an essential component of western monetary policy makers" has it right.