The post will be quick today due to an appointment. The Dow is about 25 points with 5 minutes to go. There were some bearish comments from the Fed in the last hour which has caused this minor decline. Gold was up another $5 today and the XAU is up about a point. I had an overnight order for ABX puts which got filled around 8am. Not sure about this one as the earnings will be out after the bell on Wednesday and it is holding up much better than the rest of the gold complex. NEM is down for example. We will have to wait and see what happens. There is always a danger when you get short in a rip-roaring bull market like this in gold but there is risk in every trade. More tomorrow...