13 August 2014

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


It was silver's turn in the barrel, as gold held its ground a little better.

 Silver was under modest pressure throughout the NY trading day. 

As you know this is an 'active month' for gold and an off month for silver in New York.

Nothing meaningful happened on the Comex delivery front or in the warehouses yesterday.  Active month-wise.

Why waste words?   Just another day with the Flim Flam man.   

We have the illusion of calm and efficient markets.

Have a pleasant evening.