31 January 2014

Gold Daily and Silver Weekly Charts - Next Stop, February

There was very little movement into the bullion storage category at the Comex.

Next week we being the active delivery month of February.

If I were a naked bullion short I would seriously consider getting flat and taking the money from one of the greatest market manipulations in history while I could.

But let's see what happens. 

There is still plenty of room for more monkeyshines before the trading desks bring the Western financial system back to the brink of collapse again, and belly back up to the bailout bar for more.

So far they have been doing pretty well for themselves, thanks to a lax regulatory climate and a white collar criminal friendly system of 'justice.'  What could go wrong?  Why quit while you are ahead?  Winning!

Have a pleasant weekend.