Gold producers should react with a 2 week "mine holiday!" Lock the doors and pull the rug from under the "paper manipulators!" No doubt an impossibility because some "majors" are in the "other" camp!

The producers would hang the "manipulators" with their own shorts!

If they want to play in our backyard, reciprocation seems to be at least part of the answer.

Having said that, markets from Asia through Europe have had a tough day, no doubt resulting in a selloff of PMs to cover margin calls!

Mark to market with "paper" has become a accepted practice within the banking community consequently the move into commodities is no surprise, but an "end-point" is in sight! Anything to prempt the "end-point" will result in an upward spiral of gold/silver but no doubt all commodities will be affected.

RUF