Cap, cap, cap. The metals are up against some key technical resistance.
They'll never learn. Their pretty charts and paper markets are not the real deal.
Comex will have the July option expirations for the precious metals tomorrow. This is more of an issue for silver than for gold.
There was a little actual movement of gold bullion in the Comex warehouses yesterday. These jokers could supply a decent sized retail coin shop, maybe.
Amazing markets, considering that the Credit Suisse Fear Indicator has just hit an all time high.
Have a pleasant evening.
