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I’ll be traveling Wednesday through Friday and I will write again on Monday.

Susan and I are driving our oldest granddaughter down to the University of Missouri.  We want to be with her for the start of her senior year in college. I can’t believe it, but I have a granddaughter who is a senior in college, another who will be a senior in high school and three more little ones starting grades one, four and seven.  No more babies running around in the Schectman family – but there are three little white dogs.

Here is an extremely important and interesting release from GATA that you must read.  It explains WHY GOLD DROPPED LAST APRIL AND WHO WAS RESPONSIBLE:

China publicized Western gold market rigging just hours after April smash

Submitted by cpowell on Thu, 2013-08-15 01:39. Section: Documentation

9:55p ET Wednesday, August 14, 2013

Dear Friend of GATA and Gold:

On April 16, just hours after the smashing of the gold price by the dumping of so much gold and gold futures that it could have been instigated only by Western central banks, the Chinese government news agency China Network Television appears to have published a long commentary reasserting China’s awareness of the constant efforts of Western central banks to rig the gold market by leasing gold.

Diplomatic cables from the U.S. embassy in Beijing to the State Department in Washington, published by Wikileaks in 2011, extensively quoted Chinese government press reports from 2008 and 2010 about Western central bank efforts to suppress the price of gold to support the U.S. dollar:

Continue reading on GATA.com