"About you DontCry how do you plan on playing the foreseen attack on PM's so that next week bond auction is made tolook stellar as opposed to the scam it is?"

I believe the PM's are not that much affected by these auctions as gold and silver are, precisely because hedgefunds seem to short the miners when gold and silver go up and cover when gold and silver go down.

Regarding my intention to start trading on the gold price, i haven't made up my mind about the financial products to use (options, futures or derivatives), but am thinking of taking a long position during those weeks in the month not affected by bond auctions and get out a few days before new auctions are held. If Nick's theory holds, it basically means that all the upward movement of gold and silver over the 5 years left of this bull market in gold will be concentrated in roughly 50% of the trading days. That knowledge (if proven correct) makes it a lot easier to make a decent profit.

Let' not go any further into this, because it has nothing to do with ECU.

Good luck.