Gold is printing new all-time highs, which we have written about for weeks. We have been long since the 1500 level in the futures markets. The trend is up and has been so for months and there is no reason to believe that will change anytime soon. The action we are seeing this morning is a blow-off, which usually results in a pullback or reversal. After this action completes, we would expect a retracement to $1,920-$1,930 December futures. However, the blow-off could last throughout today with Gold setting sights on $2,000. We will stay long and buy pullbacks to $1,920. Silver and platinum are joining the party, both blowing off to the upside. Silver is at a 7-year high and nearing our next target of $25.00 September futures. Platinum is trying to get to and through $1,000, which would be a 2-year high. Silver and Platinum look powerful but are in the same pattern as Gold. There is going to be a news item in the next few days that will back these rallies. Our guess is there is something with the FED and Central Banking system. Probably some sort of devaluation of fiat currencies Bubba Trading Technomental Report By Todd 'Bubba' Horwitz