The PAC boys and the rest of the vultures are circling Jackson Hole. This should be another day filled with something for everyone. Rumors and innuendo should keep trading lively all day.

This market is a day traders paradise.

Today I am placing an order to BUY a 20 % position in Gold @ 1686. I am doing this via the GLD Etf ( app 164.25-80). We are going to give the trade around a $20 stop to see if this is a level for a good reaction back up. If I am wrong Gold will break another 40-100 dollars.