[taxtruth]

BS again.Gold bugs are laughing all the way to the bank!

[TruthConquers]

End of year painting the tape.

How about that silver, eh?

Move along, nothing to see.

[Roccus]

A surprisingly robust U.S. employment report weighed on gold prices Thursday. The number of U.S. workers filing new claims for jobless benefits fell by 34,000 to 388,000 in the week ended Dec. 25, the Labor Department said in its weekly report Thursday. This is the first time the figure dropped below 400,000 since July 2008. Economists surveyed by Dow Jones Newswires had expected claims to fall by just 2,000.

What with the week being only 3 or 4 days, I'm not surprised. IMO the numbers that will come out for the week ending Jan. 8 will give many a heart attack-ack-ack-ack.

[Razzz42]

I’ve never seen such an orderly melt up in precious metals, no where near a panic yet. Silver is just playing catch up after all the manipulation to hold it down.

Article says the employment numbers are good, we are all saved and on the way to easy street now.....Not.

Getting kinda expensive at the grocery store lately as I pass the local gas station and see the rising prices there.

[IncPen]

The contrarian in me says that the metals markets (gold first, then silver) were and are cleverly laid traps. Those markets are not behaving rationally and haven’t been for some time, imho.

I hope I’m wrong, but my suspicion is that one or more major players are reeling in the gullible, only to pull the rug out when the time is right. That doesn’t mean I don’t think the economy is crashing (intentionally). It means that the end-game of the Bill Ayers crowd is to do away with all the pillars of trust in our society, and if it turns out that the one thing you could count on can’t be counted on, then they will have succeeded in spades. And I do think they are that diabolical.

I’m not going to battle the gold bugs here, just stating an opinion. Hope I’m wrong.