Forecast: More pain......

Just remember, we are all pawns in this game that is controlled by those who are infinitely more powerful than us. They win the battles, we will win the war.

I am not going to rehash today's events except to say that by this point it should be quite obvious even to the most casual viewer of gold, how fixed this market really is.

Anyway, judging from the action already, it seems like more pain is in store. Gold at one point tonight was up $6. However, at 11:30 it is up a whole .50. This is the pattern that gold followed last night, so I think tomorrow could bring more of the same as today.

On the other hand, I will be out of the office tomorrow for my first day off in six months and historically whenever I am out of contact with a computer for trading purposes, gold seems to have a good day. So, you have that going for you.