Despite plunging gold to the low US$1530s last night, "they" couldn't hold it down despite the Dow, other stock markets and commodities getting trashed.
Even the HUI made a small rise!
"The Dealer's Feet Are Getting Fidgety In Three Card Monte Shill
The invisible hand is an extremely good dealer in the three-card monte con called paper control. Shill (smart money) pretends to conspire with the mark (retail money) to cheat the dealer (controllers), while in fact conspiring with the dealer to cheat the mark.
While the headlines paint a dismal picture for Europe, thus, herding money into the dollar, the world's only safe haven according to the shill's script, they hide a tired trend (chart 1) and opposing money flows under the dealer's table (chart 2).
Chart 1: Dollar Index ETF (UUP)
Chart 2: Gold London P.M Fixed And Precious Metals Diffusion Index (DI)
The game is truly amazing to watch and in many respects is a masterpiece of control.
The dealer will fold its table when the mark has been relieved of its positions and pockets emptied. As I write this, the dealer feet are becoming fidgety. Once the dealer bolts, the bearish experts that dominated the headlines for months disappear; the long-term performance of their calls never to be seriously reviewed. As Alex Rose would say, "welcome to the jungle" of control."
At http://edegrootinsights.blogspot.com.au/2012/05/dealers-feet-are-getting-fidgety-in.html