RE:Just an indicator on how "phony" the market is.......Ard: You suggested in an earlier post that the Chinese would take advantage of the situation by lowering the price of gold so they can purchase more of it and other commodities with their US dollar holdings. What's happening now is merely the execution of your theory. In this case, China is being aided by the US Fed prior to the election in Nov. I think the confirmation of your theory would see an increase in non-precious metals commodities, in which case China would be trading their "useless" greenbacks for stuff they really need. If they have five or six years worth of supply would they even need US dollars?