FROM CASEY RESEARCH'S DAILY EMAIL

SUBSCRIBE TO, AND READ, THIS EMAIL EVERY DAY: http://caseyresearch.com/displayDrp.php?e=true And then there's this... From Ed Steer: On Wednesday, gold vacillated between $740 and $750 all through the Far East and early European trading. Gold struggled to tack on about $20 within two hours of the Comex open in New York, but then it was lights out for the rest of the regular trading session. Silver's peak occurred an hour or so later. The boyz weren't going to allow a runaway gold price after the Fed's interest rate decision. To give you an idea of how hard they've been sitting on the gold market, consider this...in the last 36 hours (as of midnight last night)...the US dollar was down almost four full cents, the US Fed Funds rate was cut by a third...and gold was only up $30-40. Check your own charts if you doubt me. The gold price should have been up several multiples of that. Trading was heavier in silver than in gold...and in actual fact, if you remove the effect of switches...gold trading was extremely quiet. However, the precious metals stocks have been on fire for the last couple of days...and I'd like to think that the smart money and the insiders know that gold and silver prices are going much higher. The Commitment of Traders report for both precious metals (and every other commodity for that matter) hasn't been this bullish in at least five years...and the one due out tomorrow will be even more so. If there ever was a time for a moon shot...this is it...as the set up is perfect for it. But like I said, we still have to get past JPMorgan, HSBC USA...and a US election.