Jim,

The US dollar is down and oil is up…

Whasassup with Au?

CIGA Lew

Dear CIGA Lew,

Home building sentiment is up. All is well with the US economy.

The Administration tells Israel not to screw up its coming negotiations with Iran. There is peace in the Middle East.

The West is always lead around by the nose when it comes to Iranian negotiations. When will the West learn?

The Crimex does its usual tap dance on paper gold as they are much too short for an extended rally here and now.

That rally comes in June!

Gold traders do their sell weakness after buying strength suicidal strategy. They will never learn.