Stilled pegged as this incredible spread as priced for trade in the New York Vault - http://live.bullionvault.com/front2/frontpage-3.html
This appears explicitly designed to shut out all buyers while keeping (and adding) Gold locked in the vault in the USA.
Wanna buy a Gold Eagle at Kitco? No problem - fork over US$1782. Gold Maple? US$1765. What the..........
On a more realistic note Bid/Ask has settled down to $1663 and $1711 in London.
I also note some dealers have been purposely withholding Bullion sales through the weekend. Clearly even the most seasoned trading veterans have no clue on what to expect of PMs this evening through Monday.
So far it's open war kicking off 18:00 EST with Gold up $30 and the Cartel intervening with a passion to keep a lid on $1700.
Check out http://www.netdania.com/Products/live-streaming-currency-rates-foreign-exchange/real-time-quotes/QuoteList.aspx
It's uncommon to observe such volitility on the "Ticks." Will be interesting to see how the US bond market shapes up in the am.
Gold's already back to the underside of $1690 just itching to burst through. Hold onto your hats.