~*~Mining and Metals Du Jour~*~

[the cork]

I don't know, Pro, I look at ANYthing out of kitco about the same as ANYthing out of the world gold council ... with healthy skepticism.

kitco emphasized every negative element they could in their analysis of the "performance" of gold and it sounded more like they are conditioning people to expect lower prices than anything else, at least to me.

The metals don't "sense" anything, that I can see. Strategic repeated capping leaves true price discovery looking for a toehold between the caps, but it's not like they're really "sensing" anything.

I suspect we'll see the usual Sunday night gate crash to get Options Week started on the right (banker's) foot.