Gold and silver are up strongly this morning, as Blythe's March suppression efforts appear to have ended. Silver is back within .40 of its highs, touching 37.78. We will be watching the $38 level today, ideally we would like to see silver get back above $38 and hold that level through the close. If we can manage two consecutive closes above $38, we will see $40 silver in the next 5-8 trading days.
We would like to see gold hold and close above $1430 today, which would set up an end of the week run back to the all time highs near $1447.
We hope you followed our advice and bought the dip over the past 2-3 sessions, as the gold and silver sale has now ended.
