05 September 2013

Gold Daily and Silver Weekly Charts - Metals Hit Ahead of Non-Farm Payrolls Report

For regular patrons of le café a bear raid on the metals in conjunction with a Non-Farm Payrolls report is a familiar tradition.

I have to admit I did not suspect it would gain even this much traction given the thin level of deliverable of inventory and, more importantly, the war jitters in the Mideast.

But neither war, nor widespread economic damage, nor privation inflicted on commodity countries will keep these jokers from their appointed rounds.

See you tomorrow.