6:27AM PDST

Gold has rallied from the manipulated sell off down to 82610 and is now consolidating for a move higher, unless they knock it down while Bernanke is speaking at 7am pdst one half hour from now. The dow is rising right before the open and may get a boost from the speech. Oil is wavering between the high 119s and the low 120s but in any case it's back up from recent lows. Euro is not leading gold as much as trending with it... Bonds are staying in the 117s meaning long term interest rates having been going down... a really great thing as all the dummies are locking themselves into a guaranteed loss of both interest and principal later. Just as the dow opens, gold is getting sold again, in preparation for Bald Ben's speech.