So, after a sluggish day yesterday that saw gold hold $4.50 above Wednesday's low, it has rallied $20 from there to $1605...taking out yesterday's high and to within $5 of another all-time high. Blyth's bank added a LOT of taxpayer money for basically 1.5 days of nothing. Now thay have a gillion silver paper shorts to cover.....cant and wont happen...last gasp as Blyth getting systemically chopped down to size.
In silver we saw a test of Wed. low on yesterday at $38.34 followed buy a surge back up above $40 this morning.
I agree that G&S finishing the WEEK above $1600 and $40 are big, but dont count against it happening.
Europe is in a mess again [what's really new?]....new G&S futures trading in he far east...USA debt ceiling mess....COMEX last gasps....this early bullish July price action is signaling a MASSIVE move into year end.
Ecu Silver is not the only party in town for me, but it has an open invite to show up....pic
