Well, I am guessing that since JPM can do whatever the hell it wants to, it will keep doing so until it doesn't want to. Sooooo, my guess is that they and peers will keep on doing the same until QE3...or QE3/war. Is there even the possibility they will take gold down, no matter what it takes, to the $1420 level where mining starts to lose $ per ounce?...and then let er rip? When? June thru Sept? But what about 'the election' in Nov. How can they keep the lid on and buy all those votes until then? Bread and Circuses? In the meanwhile the Chinese and all will buy cheap gold and silver and be happy.
Looks like China has warned others to back off in the South Chiina Sea re the oil/gas resources. They also seem too be investing big time into Japan now...maybe with an eye on gaining a strong foothold on their bus. and real estate assets via the Yen. They have also started to openly buy up gold producers.
Should make for a very interesting Spring/summer. Wait a minute! What about Iran and Syria/Turkey/Jordan/Isreal...and now Egypt with the Muslem Brotherhood about too take power and allign with Iran? And all that is just for starters.
Guessing where the price of gold and silver will be will be indeed a challenge of challenges....naked shorting, HFT and all.
