One of my favourite authors, Chuck Butler of EverBank wrote yesterday about markets and effect on them from Ukraine and now Iran:
"The safe havens as the markets know them to be are: Treasuries, dollars, yen, francs, & Gold."
Markets always correct, right? Hmmm.
How about Silver, gold, Krone, Frank, Renminbi/yuan in that order? My opinion.

Also Lawrence Williams about gold manipulation (and reflecting on silver):
"The big futures sales seem to be continuing, but this year with much more limited effect. A recent pattern appears to have developed with the price being driven down at or near U.S. COMEX opening and then picking back up again in later trade during the day. There is thus something of a suggestion that the end game of U.S paper gold sales driving down prices is beginning to come to an end as the amount of real gold on the physical markets is diminishing in the West and not returning to the market in the East."

Slow days of summer and we may not have long to wait for the cows to come home, Cheers, Ed G.