.....................................Similar To Last Friday

There was huge lending on 1-5 ($16.75 Billion in Repos) followed by a spike move on 1-6, and, the same occurred this week with $17 Billion in Repos on 1-12 and a spike move followed on 1-13. Check out the sell interest in NEM:

http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?t=NEM&range=7&mgp=0&i=3&hdate=&x=7&y=10

This unusual strength makes sense near an important cycle high, which will probably be the Elliot Wave 3 minor int term cycle high for the major upcycle that began on 5-16-05 for HUI, NEM, and the XAU.