17 October 2014

Gold Daily and Silver Weekly Charts - Life During Wartime

There is a steady drain of silver from the warehouses. Not large enough to matter, but a million ounces here, a million ounces there.

Let's see if the precious metals can make that triple bottom stick, and break the downtrend.

Longer term it is all about the physical supply. That is what matters in a nutshell. Everything else is commentary.

Have a pleasant weekend.