“They” definitely are preparing gold for the Fed meeting. Probably will be OK after the announcement but definitely not any skyrocketing. They’ve got pm’s in a box and nothing is going to change that.
As for pm shares, never once since gold’s “great $100 run” was the HUI up 7+ points. Hell, the HUI can’t even get close to the Sept. 17′ highs of around 220, neither can gold.
The nightmare never ends – at least the SM felt a little heat – until tomorrow when we wake up to DOW futures up 100+