North Bay Resources Inc (NBRI)

[riskon]

Gold got knocked down b/c of a 27% margin hike by the COMEX exchange, who leaks it to their insiders and then shorts it the way down just in time for COMEX option expiration tomorrow, in the benefit of all the manipulators positions.

All of the financial options on gold (and silver) must close in a price range the bullion bankers desire, as per every comex option expiration date... and this time the only way to get a downdraft was to let gold over-run and then cause a liquidation event, as there are no real sellers of gold in this market, only forced paper sellers and those scrambling to "run away before the bubble burts."

http://www.zerohedge.com/news/and-theres-your-perfectly-leaked-explanation-cme-hikes-gold-margins-again-time-27

Options Expiration Calendar (If you notice every time an expiration date comes, we get massive raids in gold/silver that week... you figure it out for yourself).

http://3.bp.blogspot.com/-rUPU7dZVjDE/TlK7SnWqAYI/AAAAAAAARpw/I15xlOpbMMY/s1600/2011optioncalendaraug.PNG

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This bubble will not burst, as the only bubble that exists right now is the US Treasury Bond bubble and the Dollar Reserve Status. Gold will trade above 2500$ this year, and that is probably being conservative.

http://www.tfmetalsreport.com for more information on gold and silver.

Gold/Silver miners will be just fine.