27 June 2011

Gold Daily and Silver Weekly Charts - Le Douleur - Option Expiration

With the dollar down, stocks up, and gold and silver down one might suspect today was an option expiration day in a delivery month on the Comex.

And so it was.

Greek vote on their bailout plan may move the markets later this week.

I put the long gold/silver and short stock indices trade back on today at an opportune moment in honor of the anomalies provided by an option expiry.