Hi Sinbob, no doubt the smell of change is in the air. The g-20 meetings of this weekend (Pittsburgh!!!!) can be meaningfull. I wouldn't be surprise for a last minute effort (panic move) to come out of there.
No matter, the fundamentals of change are well established. I don't recall seeing Gold and Silver beeing this constantly agressive. Remember, not too long ago, when the Cartel would hit them, bang $30-$40-$70 drop which would litterally take months to win back. I don't recall the last time I've seen an "attack" not bounce back almost simutaneously.
Never bet against the Chinese. Every move they make is carefully scrutenized. Their recent announcement of Chinese banks, their prior announcement on a new world reserve currency. It's a chest game. They won't lose.
The last 4 months of 09 should prove to be very meaningfull.
Let's take the next 3 days to rest and relax. We may need it!!!!!
Later
