Gold and Silver Launch out of Nowhere

Being a card carrying OCD (Obsessive Compulsive Disorder) financial freak, I check commodities prices of gold, silver, platinum, palladium, currencies, and anything else I can follow the first thing every morning. Currencies even let me obsess during the weekend and wee hours of the morning while I read about the financial market moves and where they may go next.

So this a.m. is a lazy Thursday, with me denying how beautiful the day is outside while I read my Treo 700p screen for the market news. Goes like this:

Gold up a couple of bucks to $742 or something. Silver dialing in at around $0.07 up to $13.61
Nice though nothing significant.

Life and phone calls tear me away from the screen for a few hours and when I come back!!!!
A price explosion in gold and silver has occured!!

Gold at 752+ and silver at $13.90 !!! Someone's options just bought them a yacht in an afternoon. My background as a FCM or Futures Commission Merchant, commodities broker in normal parlance, has me curious as to what shoe fell either politically or on the trading floor for the mid-afternoon launch.

The COT's - committment of traders reports issued by the gov't - indicated and upward bias to these markets, but not an explosive launch. The Fed minutes also showed concern over inflation though this is akin to a a boxer being concerned about punching someone - it's what they do for a living, so what gives?

Could be the side slap Bush gave to China by visiting and bestowing a prize on the Dalai Lama. Does he now realize how beholden we are to the Great Red Country? Just begging for a spanking- that the rest of us are going to feel.

Action Items:
Buy more gold and silver on pull backs - or trade with BullionVault.
Load up on gold or silver options from a commodities broker - this is my path.
Get all the tools and productive items you ever wanted, because they will either be gone from the shelves or much higher priced in just a few months. I have a barn full of tools, supplies, etc. Since I have been doing this for years - sometimes I am early, rarely wrong - the prices of my purchases have risen dramatically. The race though for higher prices is getting going in a hurry.

Load up on storable food. Check the supply of wheat, cattle, fruits and vegetables around the world. Newsflash - we are tipping into food shortages.
Vote for Ron Paul for President or plan your expatriation from the former U.S.A.

That's what I've got for today.