More interesting reading on the Market Skeptics site with re-posts from the Privateer and Mike Hoy.

@ Equiz … thanks for the Hoffman post on COMEX, I hadn’t seem that.  Not sure how today’s raid factors into the equation other than to offer someone a great purchase point.  There’s still 16K open contracts in Dec. gold, which presumably a large share must be fully paid up otherwise they’d probably be looking at a margin call today.

Might be a good day to  flip-flop the HGU/HGD position (NIA …. DYODD…. blah, blah).