11 February 2016

Gold Daily and Silver Weekly Charts - Act III: A Reckoning of Accounts


"His jest will savour but of shallow wit,
When thousands weep more than did laugh at it."

William Shakespeare, Henry V

And so it will be with the jokers of Wall Street, and their jesters.

Let's see what kind of retracement/consolidation we get off a short term very overbought condition.  If we do get one.

Koos Jansen has a new piece, London's Gold Vaults Bleeding Out In December While China Imports 215 Tonnes.

Have a pleasant evening.