This Is What I Was Expecting
Started overnite futures with a pop but we are about to go red for both Gold & Silver. Looking for a real smackdown by the time we get to market open at 9:30EST. Stocks have topped and now heading lower but there will be a bounce(probably on Tues.) The backtest for Silver would be wonderful if it gets back down around $54.
I’ll take the other side of that bet CM
I bet they cannot pull it off this time
Shall see
Touching $54 for a brief time isn’t much of a smash considering last week’s rally and Idon’t expect it to stay there for very long. We will know if stocks get hit big-time and that gives them the cover to take Comex paper prices down in a brief panic flush?