5:05AM PDST GOOD MORNING GOLD BUGS!

NO REPORTS TODAY gold is getting sold strong, but not crazy, volume a little earlier this morning. Bald Ben Bernanke is speaking in Jackson Hole WY today, so... gold has to look weak so the dollar can look strong...

He speaks at 10am EASTERN so the markets should zoom right about then.

That's all there is to this sell off folks, MANIPULATION so the spinners can look like they're "competent"! Dollar is getting PPT help also. Oil is down a bit in the 119s, and could be "part" of the reason gold is off, but this looks like just more intervention. Euro, of course, is down with gold.