22 May 2013

Gold Daily and Silver Weekly Charts - Could It Be Any More Obvious

"First they ignore you, then they laugh at you, then they fight you, and then you win."

Mohandas K. Gandhi

Intraday commentary here.

Each market operation to keep the precious metal prices lower sends more bullion out of the hands of the western Banks and into stronger hands in the East.

Why would they do this? What is their game plan?

There isn't one.   They are just trying to 'muddle through.'

They are doing what they have been doing, and hoping for something to happen before they run out of fuel, and crash and burn. 

Or better yet, abandon the plane and passengers, take all the cash they can carry, and bail.