The charts below from B.I.G. issued earlier today shows that gold is being suppressed to near its 200 DMA. The chart further below clearly shows 6 major take-downs in gold over the past 3 weeks. At least the one vertical "rise" that occurred on March 18 resulted from a major FED announcement. The other 6 vertical take-downs resulted from no significant news whatsoever, other than trading in NY had opened. No matter what the media spin might be from day to day, the only true reason for the recent decline in gold and silver prices is blatant and continual manipulation.

The only positive sign out of this suppression is the fact that the high demand for physical metal seems unaffected by price movements. Thus, the big cartel card of suppressing gold and silver prices to reduce physical demand has been lost. This is another indicator that the days of cartel suppression will soon be numbered.

Regards - VHF

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