13 June 2014
Gold Daily and Silver Weekly Charts - FOMC Next Week - Calling Dr. Strangelove
There was little action in the Comex warehouses, and a few more contracts were stopped.
Next week is an FOMC meeting.
We may then see how the cards will fall in the short term. For now it seems that that status quo may continue to prevail, given the nature of pricing discovery.
Sounds like it will be a busy time in the Pax Americana.
Have a pleasant weekend.
Posted by Jesse at 4:40 PM