Monday, March 28, 2011

Gold and Silver Morning Update

As expected, JPM and co are making one final push this morning to get gold under $1400 and silver under $36.
So far they've been unsuccessful at reaching their targets, but don't underestimate the power of the cartel when a raid is on. Expect this one to continue all day as getting gold and silver under these targets is essential.
Silver has taken out prior support at $36.90, trading all the way down to $36.43 before rebounding, and gold has taken out prior support near $1423, trading down to $1409.
We wish Blythe all the best at reaching her goals, as we have some new cotton fiat in hand this week that we are looking to rid ourselves of asap. Thanks for the discount, guys!