Trading overnight was essentially flat for the metals.

The US $ index is flirting with 80. This has been a level that stimulted intervention by the boyz in new yourk lately so I expect to see some action there. It will be hard as the treasuries have been dogs lately and the chart looks bad for bonds and notes.

The stress in the crimex is building. What we are seeing may be the beginning of a change of some sort. I don't see an explosion in the metals price. My model is still showing a lot of volitility and upward momentum. As we all have seen in the past, the cabal will defend round numbers with a lot of energy. $950 and $1,000 are key. They could really try to get gold back down below $950 by the end of the week, or could focus on a serries of defenses keeping the price away from $1,000.

There is risk if they can't hold $1,000 that they could stimulate a lot of $ dummping in favor of the metals.

Silver lease rates continue their downward slide. In the past this has been seen when the boyz were especially interested in squashing any rallies. The analysts I read expect that something is going on in silver behind the curtain and that if one of the metals explodes it could be silver first. Which ever one goes first it will take the other with it.

These are good days to have a solid position in pm stocks like our little gem.