Oil can't stay down for long either. But for now the dollar is getting trashed for the YEN and Euro.

There's a lot of short interest on Gold still and that should start to unwind into a market that is in short supply of physical gold. They are always saying about gold that it takes the stars up and the elevator down but this time we might be taking the elevator up.

By the way, a pet subject of mine... John Nadler, "Canada's formost gold expert" has been going to great lengths over the past several weeks since gold started it's downturn, to point out how right he's been calling the end of the gold bubble and how wrong the "goldbugs" have been. In particular he's gone to exceptional lengths to point out how there is no shortage of physical gold.

Well, if so... explain the following which is displayed at the top of Kitco's website:

In order to reflect the current strong demand for Silver Maples and Silver Eagles, Kitco is temporarily increasing its current bid (buyback) price for these particular products. Please visit our Selling to Kitco page for more details.

Fuq you John, you sleazy swindling bastard.