No QE3 until after Nov. 6 now....

Thoughtful analysis by Gary Dortsch. 

Sideways markets in spite of Iran, Syria, Europe, et al?

Gold (still) chops....

Gold still chops, but commercials get "less short" -- is a breakout forthcoming in the fall (when gold is seasonally bullish)?;

39.10	1623.60	7/27/12	136,245
-4.80	1584.50	7/20/12	158,819
1.70	1589.30	7/13/12	152,766
-12.90	1587.60	7/6/12	166,637
27.80	1600.50	6/29/12	144,160

Stay tuned...