23 December 2010

Gold Daily and Silver Weekly Charts


There is quite an effort to keep the lid on gold and silver here. I suspect that it is part of the holiday window dressing. Those with large short positions do not want to mark their losses to market for year end at higher valuations.

Let's see how long they can comfortably stand on these markets.

I think we are in the calm ahead of the gathering storm.





The Calm



The Gathering Storm