Gold and Silver Morning Update

Silver came within a quarter of its all-time highs overnight, and held support nicely at $49 until Blythe came to work this morning.  Apparently she called her Chinese friends to stop the fire overnight, because the Shanghai Gold Exchange hiked silver margins by 3%.

Blythe has now given you a nearly $5 discount on silver, dropping the price back to $45.66. A 10% off sale in 30 minutes!  While we expect the cartel to continue to attempt to throw everything at silver to try to get it back under $40 by first delivery notice day, silver may just not stay down that long. The last few smash-down attempts have lasted under 2 hours. We suggest you start buying the Blythe dip NOW!