Why Thursday’s Are Important-For Gold & Silver
Thursday’s are especially important for gold and definitely for silver. The reason is, IF there is going to be a big explosive, upward move that will lead to a Friday close ABOVE the 50 and 200 day mvg. averages, it is very likely to start on a Thursday. It must continue and close above those levels on a Friday, so there can be a big gap open, higher on Monday. That is the setup that is likely to take place IF & WHEN Silver breaks free from the manipulative bankers and the Comex suppression. Is this the weekend? We won’t know until we see all of the steps outlined above take place. There have been a number of occasions in the past when I was hopeful such a weekend set up was coming.(As Sir Silverboom has accurately stated, up until now it has been blah, blah, blah) Today, Powell speaks at 1PM I believe, and he may pour cold water on the bond rally, which would likely stop a gold and silver rally, temporarily. However, I think something may come out of the JP Morgan, Epstein trial? Regardless, if the rally can resume tomorrow and close ABOVE the two mvg avgs. over $23.50 for silver, Monday and next week should be quite interesting.(If we get the breakout tomorrow and follow thru next week, I am taking credit for making Revel’s “Bolero” the silver squeeze theme song and getting things started, yesterday. LOL)