Gold and Silver Morning Update

Blythe Wants to Prevent a Run at $43 Today

Gold Continues to Steadily Work Towards the Magical $1500

Silver responded exactly as expected during overnight hours after closing strongly above $42 yesterday.  Silver ran right up into the $42.75-$42.90 range as anticipated, before being smacked down by the cartel.  If you are planning on making a physical purchase soon you should act quickly, as silver is already rebounding and this dip doesn't appear likely to last long. We have already completed our physical purchase this morning.
Silver premiums have been suddenly rising as well, indicating a physical shortage of silver.  90% Junk US coins, which can typically be found for .20-.30 over spot, have suddenly surged to almost $2.00 over spot in the past few days.  Premiums on Eagles and Maples are also up as well, nearing $5-$6 over spot.

Gold is oscillating around the $1475 number. We'd like to see the weekly close above $1475 preferably, but a close anywhere above $1465 prepares gold for an attack on $1500 next week. 
$1500 should bring some major mainstream attention to gold and the precious metals in general. 
This is a major concern for the cartel, because we are nearing levels in both gold and silver where the average joe will start to become interested in gold and silver.

The dollar is again flirting with the 75 level this morning, which it has seemingly done all week.  It just doesn't seem to have any legs for a move up and away from this critical level.  Expect a test of 74 next week.