Ignorance

Commenting on today's price action in the Precious Metals would be a waste of time. The days price action, the past 10 days price action for that matter, are representative of nothing. The price action certainly is not representative of the fundamentals of the Precious Metals Markets, and is probably even less representative of of any reaction to price action in the US Dollar.

If the Hoods of the CRIMEX want to offer you the opportunity to purchase and take delivery of Gold and Silver at discount prices, ...oblige them, and grab as much as you can.

Gold falls toward $900 on dollar rise, weak commods
NEW YORK/LONDON (Reuters) - Gold futures fell toward $900 an ounce on Wednesday on a higher dollar and heavy oil losses, losing more than 2 percent as investors preferred the U.S. currency instead of gold as a safe haven in the face of economic uncertainties.


In spite of equities market weakness amid recession worries, bullion failed to rise because of lessened inflation concerns and as flight-to-quality buying was directed into U.S. Treasury bonds and the dollar.
http://www.reuters.com/article/hotStocksNews/idUSTRE56127820090708

Nothing like a steaming bowl of bullshit spoon fed to the waiting masses of financial media disciples. The Dollar was down today -0.06...IT WASN'T HIGHER. Oil prices fell, and the financial talking heads proclaim "inflation is under control". What a load of crap. Once again: HIGH OIL PRICES DO NOT CAUSE INFLATION, HIGH OIL PRICES ARE A SYMPTOM OF INFLATION. INFLATION IS CAUSED BY A RISING MONEY SUPPLY, NOT BY RISING OIL PRICES. If oil prices have fallen for any reason it is because there appears to be a glut of it on the market...buy the dip, Oil prices will be rising again soon enough.

It is far to obvious that something is not right with the markets right now. The fall in markets relative to the Dollar do not stand up to the stink test. The charts above make that abundantly clear. Never forget, the shorts can't cover and profit, if you don't sell to them. Now is the time to buy.