I join most gold bugs in their frustration of the last weeks performance of gold, silver, and the pm stocks.

But this is nothing new. This is the cabal pure and simple. Or should I say filthy and simple minded.

The US treasuries are in a bear market along with the US $. The $ is in slow retreat because a fast crash would be devistating to the whole financial world. They are desperate to keep the crash in slow motion.

There has been a lot of longs built up for June gold. The crimex creeps could not possibly deliver but a very small fraction of this gold, so they are getting as many of the longs to back out of their positions as possible. Think back on Jim Willie's articles;

http://www.321gold.com/editorials/wi... and

http://www.gold-eagle.com/editorials...

What is happening is painful and familiar. It is a rear guard action and the cabal creeps hope it gets as many longs out of the PMs as possible. Don't give them your metal or quality shares. Tighten your grip on your emotions and your metals/metal shares.