The breaking below of this important area will be as insignificant as the XAU Index breaking below its 5000 day moving average, currently at 126.88, when it did it at 100 in early October of last year. What we are witnessing in the gold market today are scare tactics employed by manipulative techniques sanctioned by our would be controllers who are extremely concerned about the US dollar's vulnerable state along with the suspected over-extention of general stock market prices. How much money do you think the trading departments at the bullion banks made today in paper shorting the gold stocks with their advance knowledge of the current operation? We are forced to indure these attacks if we wish to succeed in riding the primary bull in gold, silver and the related shares.

Martin Armstrong's recent commentay presented at http://www.jsmineset.com clearly justifies the gold price going to $2,500 as starters, and the DOW hitting 4,200. Also, but I can't remember where I read it, an analyst has predicted the Canadian dollar hitting $1.00 again against the US dollar and later topping out at $1.60. So border Canadians, a full year's Christmas experience is coming your way for the duration of some unknown years. As the Canadian dollar strengthens, US buying in the juniors and explorers will accelerate to levels that will surprise market followers.

What really is so pathetic is the shortsightedness of our leaders just to buy a little more time by manipulating prices while China prepares their future in acquiring what gold they can today at these ridiculous meaningless prices. I wonder sometimes what the Chinese must really think of us?