Trying times for the next few weeks it seems.Looks like the big commercials got the memo from the Plunge Protection Team cc Presidents Working Group on Financial Markets cc Benoit Gilson BIS Head of Foreign Exchange and Gold. It goes something like this. Guys, we managed to prop up the 1000 point dip with huge liquidity dumps but China just dumped 100 Billion Dollars in US bonds to prop up the Yuan devaluation. This in turn will cause the Emerging Markets to follow suit to protect their exports which could result in a rather large slice of the 16 Trillion US Treasuries held worldwide coming home to roost and we have no wiggle room unless we can sell NIRP to the masses and ban cash. We are flying in Jim Cramer for a Q & A later today to brainstorm ideas. And God help us when Saudi Arabia starts propping up the Riyal due weak oil prices, but they're our allies so we are ok there :/ Bond yields are rising, the 2 year bond is exploding, the bond market is gonna burst if we don't act in the markets for the good of US all (.001%). So here's what we do, we want you guys to double your net short position on gold and keep that sucker down. We mean when oil goes up 10% gold stays flat. Gold oil ratios pulled in our favour anyway so 62,000 contracts net short should do it for this week up from 30,000 last week. Speculators are net long 70,000 contracts but we'll leave that in your capable hands. We gave the CFTC the rest of the decade off so you've nothing to worry about there. So strong Dollar next week lads, keep up the good work. Ps. Thanks for dropping your net short positions in the Dollar from 80,000 contracts to 60,000. Janet was delighted to hear this, almost as delighted when she learnt she would not have to attend Jackson Hole after all, the September hike on hold narrative worked a treat. And don't forget to book your private jets for Bilderberg soon, they're nearly all booked out lads.