But could be in trouble...

Yes, I think desperation is putting it mildly. BNN (Cananda's national bus. news ) has had the usual parade of 'experts' on negatiive gold...all for different reasons. I must say, they are a very imginative bunch. The Raymond James guy out of Florida is calling for $65 oil (he has sold his Cn. oil sands stocks) and that the only part of the US markets not to be excited about are consumer cyclicals...which means you Americans can buy anything else and watch your investments soar...or what the hell, just buy the indexes. We will see the US markets dip a bit in Feb and then have a good year. After all, the US economy is flying now with better employment, amazing auto sales and a thriving home market. A NY analyst reminds us that the Fed. is realizing that QE must end...good for the $US. Sees gold maybe going down further to the $1500s...but is buying here. A Canadian banker thinks that gold will suffer for the first half of the new year and he is buying energy.

Meanwhile the drop in gold and silver is continually mentioned as the little red news flashes keep moving across the bottom of the screen. BNN's resident commodities analyst thinks this is about a 3 day move for gold and is always pessimistic about it. The usual graphic charts are full screened to point out the PM and JPM stocks terrible performance over the last few years. And, as Pic points out, gold and silver are always red on the futures markets. Silver is shown down over $1 at one point even though it has risen overnight.

Those are just a brief glimpse of what we see on a daily basis in Canada. Is it any wonder that the average Joe/Gil is negative the PMs and especially their stocks. By the way, Stats Canada must have been trained by the US BLS because our canadian job numbers look incredibly suspicious today with so many new jobs... simply insulting...so, it seems the fraud creep into Canada is now complete...a job well done by the Fed. and Wall St. with special award to JP and GS...and the GS derivatives trained Goldman Sach's ex employee Mark Carney...outgoing Gov. of the Bank of Canada about to become head of the Bank of England.

More big news, seems Al Gore is cashing in for hundreds of millions selling is interests in his TV channel to Al Jazeera. The guy who invented the internet and made a fortune on climate change is now opening the American TV markets to those who represent interests quite different from his. Now there's a loyal Ameriican could-have -been President. Why would the Cartel boys allow that? It wiill be a threat to tem as this eastern interest will show Americans real world news...and some other 'thiings'.

And we worry about gold? Because gold is about everything honest that the paper boys fear most. The plot thickens.