Last week we wrote about how The Bullion Banks manage price through COMEX contract issuance. This week, let's take that one step further to see if recent history provides any context for where we are at present in this current bull market for gold. If you missed last week's post, I strongly encourage you to read it now, as understanding the processes by which The Banks manage price will lead you to a greater understanding of the "metals markets" as a whole. OK, now, before we begin you must understand certain basics: COMEX positioning and trading is only a small fraction of the global "market" for gold. The COMEX is ... (full story)