the following was written by a contributor to lemetropolecafe. this is what financial news would look like if reporters told the truth:

"Gold went up 2% today, the upper limit of the control bands established 12 years ago by the government. Authorities said the usual 9:00 AM intervention was used, and medium to heavy sell programs were needed the rest of the day to contain gold in the official zone. The reason given for gold's attempted break out above the official zone was the release of sensitive data (CPI report). Authorities noted it wasn't necessarily the data itself that prompted the sell programs. They further noted they always program sell orders as a precautionary measure on any major financial news event. The government gold management program has been enhanced lately by a new proprietary software partnership between the Treasury and Goldman Sachs. Goldman's sophisticated software, until recently unknown to the world, allows Goldman and the Treasury advantages nobody else possesses. Since Hank Paulson merged Goldman Sachs and the Treasury back in 2006 gold has increasingly been seen as a nemesis to the dollar.

The usual media propagandists were quoted, and all referenced obligatory far-fetched reasons. Of note was Dennis Gartman's tripe, which like the National Enquirer occasionally has a shred of truth embedded. The consensus among mainstream reporters is that Jon Nadler is as bland as they come, however under the threat of firing they are under strict orders to quote him at least 3 times a week.

Unless world matters dictate otherwise the next scheduled gold intervention will be later today at 1:40PM, the beginning of access trade on the Comex. Traders are reminded tomorrow's maximum gain is 1%, and Friday as usual is no gain."