Gold is the Key Today

Is that the best you can do with silver Blythe? All the way down to $37.57?  It looks like JPM/ HSBC has decided to focus on gold, and are spending all their efforts preventing gold from breaking out to new all-time highs.
Time to bust out the secret weapon before things get out of hand...margin hikes.
While we are only half joking...silver and gold remain near overnight highs this morning. 
We think gold is the key today.  Gold is holding at $1440.50, mere dollars from new all time highs.
Expect fierce bullion bank selling to cap the price here, and prevent new headlines associated with a break above the all-time high.  Gold worked right up to the all time highs in yesterday's session, and has been capped just below those levels ever since. If gold can make a strong push past $1444, expect a rapid rise in gold as the bullion bank sellers retreat to higher ground near $1460 and a HUGE pop in silver.