WOW Gold and Silver Going UP at Asia opening 8/7/11 - (UPDATE - Gold $1700!!!)DOW futures DOWN almost 300 points

You can watch the futures here


http://www.sgxniftydowfutureslive.com/index_files/DOWFUTURES.htm

and here


http://www.finviz.com/futures.ashx

Gold skyrocketed up, within minutes it was up $41, it has since dropped down some to be up $22 at the moment.

UPDATE 11:45PM est - Gold $1700 - Silver UP $1.95 at $40.27

Silver up - .34

DOW is getting slammed, the futures are down 279 at the moment, it was almost at 300 down a few minutes ago.
 (Update - since posting this, seconds ago - DOW futures at a negative 304)

UPDATE 8/8/11 -9:30am est DOW Opened  309 DOWN

Asia is showing what they think of the downgrade of the U.S. and the EU problems.

I would think many are on the phones and computers right now, sweating what will happen tomorrow on Wall Street.

Blythe Masters of JPM is most likely working on throwing the kitchen sink at metals to manipulate them down.

All those Wall Street bankers are probably calling Bernanke telling him to throw money at the stocks (start QE3) so it is not decimated tomorrow.

Needless to say, U.S. bonds aren't exactly being sought after in Asia at the moment.