As students of technical analysis, one of the often referred to occurrences, is the “Golden Cross” where the 50 day mvg. avg. breaks above the 200 day. This is a bullish occurrence just as the opposite occurrence of the 50 day falling below the 200 day is referred to as a “death cross”, which is bearish. These occurrences largely hold true for individual stocks and markets that are less manipulated than actual gold and silver. The patterns in these two have often seen crosses being benign at best and often directly opposite of what they should be signalling. I bring this up today because Silver will be experiencing a “Golden Cross” in today’s trading session. Given the overt manipulation in Silver, especially the last few years, I wouldn’t even bother to highlight the Golden Cross occurrence. However, today it takes place under special and unusual circumstances. With only two days to go in the week, month and year and the positive technical chart set ups for both gold and silver, I believe that the Golden Cross occurrence will be a prelude to it’s usual bullish ramifications. I refer you back to my past post about how important Thursday’s are if there is going to be a major BULLISH breakout in gold and or silver. If you are going to have a big, bullish upside move in the following week.(In this case the first week of the New Year) then you will begin to move higher on the preceeding Thursday and conclude the week with a large outsized gain in Friday’s trading. I expect just such gains with Gold ending the Friday session at new all time closing highs of $2100 or better and Silver, if it is able to reach $25 or better today with the Golden Cross, surging to $26 or higher at tomorrow’s year ending. If so, the stage will be set for the 2024 precious metals bull market to begin next week.