13 November 2013

Gold Daily and Silver Weekly Charts - Cap, Cap, Cap

There was no movement in or out of the Comex gold bullion warehouses.

There will be more economic news later this week.  For now it is primarily earnings and the occasional speech by a central banker that are moving markets.

Intraday commentary here shows how the 'claims per ounce' for deliverable gold at the Comex have risen to a new all time record high of 62 to 1.

Have a pleasant evening.