So they're saying that raising the gold margin requirement is designed to curb speculation in gold. How can there be speculation in a commodity that is roughly half the price of where it should be, inflation adjusted, never mind real supply and demand reasons. That's laughable even to me up here in the cheap seats.

Looks like the gold price is running a little this morning, which may mean traders see through this more for what it really is: Trouble in River City and that street called Wall not far from the Hudson.