Most of us are aware, thanks to Jeffrey Christian. that there is 100:1 leverage in the Comex. Gold leasing by banks create paper gold which is never paid back. The ultimate end player is the Gold Short who sells then hopes to repurchase at a much lower price. The Gold Shorts have become permanent, so to speak. The past month the banks are paying to have their gold leased out. This has the effect of an increase in the amount of gold on the mkt. A recent article by Jeff Neilson ,"The Bankers New Gold", lays out the case for the recent acquisition of Libyan and Greek Gold by the Banking community. This has had the desired effect to suppress the POG.

It just has to run it's course and then we will experience the next advancement due to lack of supply.

W