5:05AM PDST GOOD MORNING GOLD BUGS!

MWs listing of Reports isn't updated yet, but I don't see any reports this morning. Gold is trading fairly quietly so far and sold off since midnight pdst then rallied back more than 75% of the sell off since 3:15am pdst and is just now beginning to inch up in the crazy period before the day session open. I strongly suggest you read the articles I have listed just below as they will clear the toxic spin out of your brain so you can see what is happening. Elaine Supkis is very helpful in doing that in her last two article on 9/7/08. It appears the World loves this BAIL OUT according to the morning CNBC BABBLE. Even Warren Buffet was just on saying it's a good thing (better than the alternative!) Now it's Lockhart III who is the insider taking over at Fannie/Freddie, whom Supkis calls a walking trainwreck looking for a place to happen. I have no idea how the markets are going to handle this event, so it's all a big crap shoot until we actually see what happens. We know the ULTIMATE RESULT....higher gold and PMs, as this just added TRILLIONS to our National Debt!