Not so much anymore …

https://finance.yahoo.com/news/aurcana-announces-execution-arrangement-agreement-130000465.html

Stepped away for a few mins and $ 10 goes up in smoke as Gold smashed back thru $1200. I guess the tell was Nem and GG stinking the joint up ystdy.

Luckily I shorted Cable earlier…but anything being made there will get eaten by PM stocks falling apart today…..same game as always…..and the SM just cruises on to another day of record Hi’s….no sir no manipulation anywhere….perish the thought……!!!

Just wait until the SLV options expire. They are above neutral on a short-term basis (which will end post expiry if only temporarily). That accounts for the relative strength. It won’t last unless the bullish speculators are truly broken however.

Cheers

Unbelievable dive bomb in gold in the last few minutes

I guess because the market is open? It’s Friday? The sun is out?

Au made a Hi of 1211.50 in the 8 AM hour…..bang on schedule the seller turned up and it’s been down non stop since….though AG is holding today….so far.

The Zephyr tunnels under the continental divide.
http://www.railpictures.net/photo/668616/

I’ve been a deep market cynic for more than a decade, after I dumped all my paper and began to collect physical.

And then there’s Ipso…   🙂

Ruth Bader Ginsburg Says She Was Groped By Abraham Lincoln