I guess Larry Summers has given the order to not let gold get too high before and during the auctions and the Cartel is driving down prices in the Comex after hours market. Chuck Butler in the Daily Pfennig this morning:
"The U.S. is auctioning another round of Treasuries in the coming week... $42 Billion 2-year, $40 Billion 5-year, $31 Billion 7-year... That's a total of $113 Billion... I know, there will be those that say, "so what?" Everyone wants Treasuries these days... And while that is true, it doesn't diminish the fact that we as a nation have added another $113 Billion to our deficit... And... It doesn't diminish the fact that the debt service (interest payments) on these bonds will be a HUGE burden of taxpayers..."