‘Pet Rocks.'

I hope you don't allow that sort of nonsense to affect your longer term investment decisions. The Street's windtalkers have an uncanny way of cheerleading the ‘small investor' into the maw of the big trading desks. What a striking coincidence.

A little more gold was redeemed out of the Sprott Physical Gold Trust since the last time I updated this chart.

I see from the CME clearing reports that Goldman and HSBC continue to add gold to their ‘house accounts' even as the small specs had taken their largest short against gold on record as I recall.

These yen devaluations may spark more interest in Asia in physical gold and silver as safe havens against currency depreciation, and as an alternative to paper asset bubbles in stocks and junk bonds.