Interesting find Raekwan. And nice analysis.

This just points to the fact that the US government is desperately trying to keep gold down in order to prop up their funny buck.

With foreigners selling, the Americans keeping the printing presses humming, and the refusal of the Fed to allow an audit of its gold reserves, I wonder how long the American government can keep their currency afloat? If they can't keep the presses running fast enough, all hell will break loose and the price of gold will shoot up.

Now, if only SMH can start gaining some income from their many partnerships, we would be sitting pretty!

Trainboy