These are the latest headlines, talk about negativity in the gold market:

Spain’s Central Bank sells another 25 tonnes of gold: what next? Mineweb

Gold edges lower as dollar steadies ahead of Fed meeting. Thomson Financial

The spot price for Gold is $670.10 as we write! Talk about negativity! You would think we were back at $300 level.

The above headlines tell us that negative reporting is currently the “in” thing. Gold drops $4 or so and its headline news. A $4 drop for gold equates to 0.5% of the spot price, my word that’s earth shattering! Give the traders time to wake up and have a cup of coffee and the $4 drop has been wiped out. So what’s the next headline?

Now imagine what will happen when these guys turn positive on precious metals and get all excited about a small upward move. Then along comes a terrific rally; they will need the whole of the front page to express themselves.

Please think of a humorous headline and send it to us and we will print it.

Keep smiling.