Hi rico,

Often at the end of a contract, some may get in a squeeze and have to cover at a much higher price, with those holding the other side of the contracts holding off as the price rockets higher. I think we saw a bit of that last week with the pop in the POG. The whole "Comex is gonna default" thing was a bit wierd IMO... kinda like saying democracy in Canada is over. Wierd. My Grandpa used to say that "an empty barrel rings the loudest" and I think that is often true on bullboards.