Couldn't see a thread for vgm following the transition from rvd and now producing gold at Vatukoula in Fiji. Looking to ramp up to a rate of 110,000 oz per annum by mid 2009 with current rate of production probably a little over 60,000 oz per annum.

Making good progress towards their targets.

charts showing a buy signal on the MACD... strong buying also contributing to the signals
SAR also showing upward trend

is VGM now blowing bubbles???

Not as much as ABG there sinking Cynic, !! LOL

didn't buy those after all that, but sure glad i took my profits on RIO and POG

i expert gold too move back up sort trem Cynic in the big way that's why I'm taking my position now ,i would suggest you are in a boat that lets you ride the wave

i trade both RIO and POG on a regular basis, but thank you for your thought

New article, click HERE

Extract from GATA ( Gold Anti-Trust Association ) Chairman's written submission to today's CFTC Public Meeting to Examine Futures and Options Trading in the Metals Markets:--

March 18, 2010

The CFTCs own reports of November 2009 show that just two U.S. banks held 43 percent of the commercial net short position in gold and 68 percent of the commercial net short position in silver. In gold these two banks were short 123,331 contracts but long only 523 contracts, and in silver they were short 41,318 contracts and long only 1,426 contracts. How improbable is it that these two banks attract most of the investors who want to sell short? 5

It has been possible to extrapolate that the two banks that hold these large manipulative short positions on the Comex are JPMorgan Chase and HSBC because of their huge positions in the OTC derivatives market, whose regulator, the U.S. Office of the Comptroller of the Currency, does not provide anonymity when it publishes market data. 6 In the first quarter 2009 OCC derivatives report, JPMorgan Chase and HSBC held more than 95 percent of the gold and precious metals derivatives of all U.S. banks, with a combined notional value of $120 billion. This concentration dwarfs the concentration in the gold and silver futures markets and should raise great concern about the lack of position limits on the Comex.

GATA has evidence that there are huge physical short positions in the gold market that cannot be covered. Growing stress caused by burgeoning physical bullion demand is threatening to lead to a price explosion, which will restore to the market the balance that regulation has failed to maintain. In our view, the Comex paper market will become dysfunctional, with force majeure having to be declared as the concentrated shorts are unable to deliver on their obligations.

We urge the CFTC to report fully and candidly on these markets and take appropriate action.

Sincerely,
WILLIAM J. MURPHY III
Chairman ( GATA )
-----------------

Full submission:--
http://www.capitolconnection.net/capcon/cftc/032510/Presentations/Panel%203/March%2018%20%20FINAL%20CFTCLetterCP-03-18-2010.pdf

charts are showing this as ready for the next move up please do yr home work

ready and waiting. gl

Interesting turn of events.... TPTB are not happy. Its either they silence him now, or else things would get out of hand if this hits the mainstream media. Just imagine him being interviewed on all the independent newspapers. the only way he can save his life now is go viral with his message with the help of the gold bugs.

http://www.sott.net/articles/show/205674-Andrew-McGuire-whistle-blower-on-market-manipulation-injured-in-hit-and-run-accident

something to ponder on till tomorrow from another BB

http://www.dailyfinance.co.uk/2010/04/02/why-china-loves-gold-so-much/

This is a must listion

Another scoop re. physical metals held or rather not held by the Bullion Banks
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/4/7_Andrew_Maguire_%26_Adrian_Douglas.html

heavy buying here today.

Looking good isn't it?

hope the spike past 2.60 isn't it and back down again. Nice to see it back in play.

Now way back in play - gold shooting up this going down - better mining stocks available than this pile of rubbish. SELL

Like CEY and MML

that transaction of 12million shares is it a buy or sell????

that is great news?