Gold made new highs, along with the DOW and euro, on follow up Greece bailout news…

11:52 Euro Zone governments have decided in principle to help Greece, EU's Oli Rehn says EU can support Greece `in broad sense of the word' -- wires
According to the EU's incoming economic affairs commissioner, a decision will be made in the coming days following further discussions, though he declined to outline any specific measures. - SA London
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11:58 Bilateral aid for Greece and measures agreed at European level are being considered -- Reuters citing German newspaper
Per Reuters, German Finance Minister to inform senior German conservatives on Greece aid details on 10-Feb. Headlines - SA London
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Then a gold selloff, along with the DOW on euro, on this update…

GERMAN GOVT SPOKESMAN SAYS REPORTS ABOUT DECISION ON AID FOR GREECE ARE "UNFOUNDED - Reuters

If there ever was a time to pound away at market manipulation and insider trading, this is it…

*On Friday gold mysteriously rallies $15 in the Access Market, following the Comex close.

*Simultaneously the DOW rallies 170 points off its lows of the day to close positive and above psychologically important 10,000 … for no apparent reason.

*We learn that JP Morgan Chase, the Fed’s bank and a Gold Cartel honcho, is a featured buyer of the US stock market.

*The Comex open interest is calculated as of the Comex close. Today we learned that yesterday’s open interest, which includes the Access Market trading on Friday, went DOWN a stunning 20,972 contracts to 461,388. This steep a drop strongly suggests The Gold Cartel did some SERIOUS shortcovering.

*The late Friday Hail Mary rally by the DOW and dramatic late gold rally suggests somebody was clued in to some bullish market news for both markets. Geez, what a surprise to know JP Morgan Chase was a huge buyer of the S&P ETF. JP Morgan, who just happens be the Gold Cartel leader.

*The stock market noticeably fails yesterday, and it appears the PPT is going to eat some trades for a change.

*But the DOW is due 100 higher this morning, nullifying all the prior day’s losses before the opening of any actual stock trading.

*Then as the morning goes on, news comes out about Greece getting rescued and the DOW shoots around 250 at one point. JP Morgan makes a killing. Does anyone doubt Goldman Sachs, the big player in the S&P, wasn’t doing the same thing?

*Again, Morgan is the Fed’s bank. Goldman Sachs is the Treasury’s investment house/bank. Why do you think GS sends so many of its own to the Treasury? What do you think JP Morgan receives in return for being the Fed’s bank? Anybody still need to know how these investment giants, bullion banks make so much money trading the markets quarter after quarter? The insidious nature between these two firms and the US Government is sickening. What is just as sickening is both firms never REALLY get called on the carpet for what they do … the kind of stuff which would land all of us in jail.

*One more thing. James Mc always says that following any 2% advance by gold, the next day The Gold Cartel is programmed to keep any following day advance to 1%. At yesterday’s high, gold was $1072 (2%). A 1 % advance today, would be a little less than $1083. Today’s high offer: $1083.10. You couldn’t make this stuff up!

*For a change the gold and silver open interest were in sync. The silver open interest also dropped steeply, down 3483 contracts to 120,901. Heck, why should JP Morgan, and others in The Gold Cartel, not cover some silver shorts, along with gold, when they know the FIX is in with their insider information?

Gold needed to close above its key resistance area of $1075/$1080 to turn the technicals bullish. The Gold Cartel would have none of it. As is, gold rallied $40 off its Friday low. Any more than that would tend to create too much excitement for their taste. And, they do have rules to follow. The more I write about this, and review what has transpired the past few days and weeks, the madder I get.

Silver closed 20 cents off its highs and continues to be the money playground of JP Morgan Chase & Co.

The Gold Cartel has lost the help of the European central banks, who have stopped selling…

FRANKFURT, Feb 9 (Reuters) - Gold and gold receivables held by euro zone central banks remained unchanged at 266.9 billion euros ($365.9 billion) in the week ending Feb. 5, the European Central Bank said on Tuesday.

Net foreign exchange reserves in the Eurosystem of central banks rose by 0.3 billion euros to 159 billion euros, the ECB said in its regular weekly consolidated financial statement.

The ECB's balance sheet totalled 1.875 trillion euros at the end of the week, compared with 1.878 trillion a week earlier.