04 February 2013

Gold Daily and Silver Weekly Charts

There was some top calling after the big run up last week, especially given the ebullient cover of Barron's over the weekend.

Let's see if we get a trend break before the bears come out of the woods to pile on.

The capping on gold and silver is determined. When they break free, then we will see this market wiggle out of the grip of the pigmen, who are using it as their personal ATM.