Thought it would be nice to open a thread for short-term gold traders. ABX forswore forward selling this morning. So much for the theory that there's a zillion tons of producers' gold waiting at 400.00. That leaves only one major impediment to short-term bullishness for this commodity/currency - the hugely overextended speculative long position. If a quick correction can clean that up the ongoing currencies mess should drive gold higher. UNLESS...the central banks want to sit on gold a little longer in order to maintain some semblance of currencies credibility. Gold jumped this morning on ABX's announcement, but is currently flatish. If gold doesn't close stronger today we may see a shake-out next week. Just my humble speculations, of course.