Loading ...not to worry, silver’s got most of it back by the time the 8:00 line got to this side of the ditch.
(edit, a little later) …got all of it back, and adding more.
Half expected to wake up and see all the gains lost
and I know I’m not the only long timer tenter here who expected the same…
but lo and behold, we still have the majority of our gains, never a promise that we’ll keep them throughout the day but always hope this time will be different. 🙂
As the Doc of Wine says “Onward Pilgrims”
Coffee Time ……. Gold ……. New ATH CDN
Gold breaking out in all major currencies, USD will be the last
Overnight, new ATH in CDN $2505
Onward Pilgrims
Winedoc
It is after 8 am and suddenly Ag loses a Dollar
the scum are back.
Dollar catches a bid and they have even let their beloved SM slip, so desperate are they stop Ag.
Ipsofacto
Re Sinclair
A mate of mine has been saying that for a number of years and the more QE done, the higher the price has to go to ‘rebalance’….last time we spoke, he was talking 8 to 10 K.
Re Seeking Alpha…he’s right about a squeeze, but it looks like it is in AG, where u have huge Crimex premiums over spot, Sep is a 32 cent premium to spot, while to right now there is very little Prem in AU ..only a buck. to Aug gold….plus look at the action….classic short squeeze.