5:00 AM PDST GOOD MORNING GOLD BUGS!

Well folks, I'm sunburned, sore and tired from watching airplanes burn fuel all day yesterday at Fairchild Air Base's SKYFEST Air Show with the Blue Angels. Too many reflections to list here, but we sure do have a lot of children wearing camo and carrying side arms and M16s in the attack position walking around public crowds who were invited to see how our tax dollars are spent. The pro-war "we're the most powerful" propaganda by the show announcers, was so thick you would have thought we were still in WW2. Now to business... NO REPORTS TODAY! Gold has been rising since Sunday afternoon, with two good, yet normal, pull backs one of which it is now rallying up from at this hour. Gold is still in an intermediate DOWN TREND, which MAY have been stopped on Friday but that isn't verified until we have several more up legs to confirm it.. At this point, we are merely "speculating" that we hit bottom, and as we have all recently discovered, the FUNDAMENTAL, while still working below the surface, are being blocked by Guv'mint MANIPULATION. more shortly...