I just got home…when I left gold was up about $9 and looking like it was going to fade…now it’s at a new high. for the day and at a 6 yr[?] high…the Cartel can’t drop gold…either that or they don’t want to just. yet for some nefarious reason…
But silver is a horror. show…what I want to know is when they can’t sell off comex gold. who comes in and sells down all the PM stocks??? It has to be the Cartel–it’s just too well coordinated–The HUI is only up 3.05 and looks sickly…my CDE was up more on Friday when silver was down 22 cents…now it’s up 6 cents and struggling…
That said, if G&S can make it thru the day with gold up 17 0r 18…and if the PM stocks can close with. proportionate gains…that would be a very, cery big deal!
They ARE buying treasuries–the 10. yr note is up 26/64ths…[lower rates]…as the “Jaws of death” keep opening wider…