7:10AM PDST GOOD MORNING GOLD BUGS!

Late in posting this as I slept in a bit for some much needed rest. I'm locked into a gold spread, so it didn't really matter if gold went up or down for my position. Besides, the swings in gold are too tight to allow me to trade the short leg of my spread as it is in Feb09 Comex gold, and that is still a very thin market and hard to get a fill. Gold is convulsing to the downside this morning because any buyers who jump in here are getting beat down by the big boys who are doing whatever it takes to keep the gold price down to allow the new PLAN OF THE DAY (we will soon have the PLAN OF THE HOUR!)by Paulson/Bernanke to have a chance to do whatever the hell it's supposed to do. I say, putting more water in the Kool-Aid weakens the Kool-Aid! None of today's markets are going in one direction long enough to be able to say a new long term trend has developed. Hence, this is just a wild ass trading market for those who need a fix of some adrenaline pumping action, especially if you get caught on the wrong side of things and overleveraged. Just continue to buy your CASH GOLD AND SILVER at whatever prices the markets allow and average all your prices later after the PMs go up so high you won't even bother to think about what you paid for them, as they will be the only tool you have that will allow you to survive in coming months and years.