Friday, August 15, 2008

6:00AM PDST

Surprisingly light overall volume since 5:20am pdst the day session open.. Nothing dramatic, just regular volume per 10minutes of between 4k the first 10 minutes and then lightening up a 1000 contracts each succeeding 10 minute period. Also, HOURLY VOLUME since 1:00am pdst, when gold turned back up, has been no greater than 5.39K in the 4am hour segment, but jumped to 17 .5 for the 5am segment (a total of the shorter time periods just described above) The point being, no dramatic rush to get into gold at these incredible price levels! At least gold has risen 20 dollars from the low at 7777 (still can't get over that number! It's as if someone is trying to tell their fellow consipirators/manipulators something and having a big laugh over what they have managed to pull off!) Gold is now beginning to pull back...we shall see how far the profit takers will sell it down, where anyone with half a brain should be buying in.