I keep hearing people say that the market doesn't understand... the market doesn't understand. The market certainly understands gold but it's pulling away from it.... at least those who play a tighter game Why? If you like to swim but someone screams "shark!", I guarantee you'll come screaming out of the water no matter how much you were enjoying your swim. It's called preserving your "ass"ets. The market simply moves away from scary to what is perceived as safe. All of the sp's are going down so people are pulling out .. it's almost as simple as that. It's nonsense repeating that people just need to hear x million tons and they'll all come running. If their broker says that commodities aren't a good thing to be in at the moment, you could have a trillion tons of nickel and no one will care..... except the majors who will be happy to wait and see just how low your sp can go. When people realize that the market has stretched as low as it can go, and the USD isn't looking so healthy, it will respond like a car coasting up hill on momentum. When that momentum is dissipated, gravity will take over and that car will roll back at the same momentum it went up with. I don't know when this will be but I look forward to it.