Gold Price may steepen Cartel is in Trouble..

If we react from here and head higher .the cartel will have shown a huge weakness

Because a significant reaction higher from here and now at 755 area sets trend. A steep trend..

My friend Bill Murphy, who is one of the co-founders of GATA and also the proprietor of www.lemetropolecafe.com, has been writing for weeks about the potential for what he calls a “Commercial Signal Failure”. In his last letter yesterday he wrote: “We are getting closer and closer to that Commercial Signal Failure, so long touted here. All that means is at some point various commercial shorts will not be able to hang with their positions due to mark-to-market losses. At that point they will be forced to cover, sending the price of gold even higher, maybe sharply.” I think this Commercial Signal Failure has begun.

http://news.goldseek.com/JamesTurk/1192633380.php

James Turk