Bob Chapman : each month the COMEX where futures are traded not only in gold and silver but many many other things they sell puts and calls on everything that includes gold and silver and so each month when we get close to option expiration date which happens to be two days from now Thursday the people who write the options go into the market and the majority are already on the long side , the people who have sold them which are the banks they attempt to knock the price of gold and silver prices down again so that the options will expire worthless well that's what they have done today they have knocked down gold about 71 dollars in the December contract month which is the most active
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