Monday, June 27, 2011

Cartel Successfully Cap Gold and Silver

As we predicted this morning, the cartel successfully capped gold under $1500 and silver under $34 for today's options expiry.
Don't play the cartel's paper games. The game is rigged. Purchase physical metal, without margin, and TAKE DELIVERY!

Gold Futures
Month Open High Low Last Change Settle Estimated
Volume
Prior Day
Open Interest
JUN 11 1503.5 1503.5 1490.7 - -4.5 1496.0 130 632
JLY 11 1500.5 1505.5 1491.4 - -4.5 1496.0 753 500
AUG 11 1500.9 1506.1 1490.8 1501.0 -4.5 1496.4 112,472 329,928

Silver Futures
Month Open High Low Last Change Settle Estimated
Volume
Prior Day
Open Interest
JUN 11 33.955 33.955 33.580 - -1.061 33.580 14 10
JLY 11 34.300 34.330 33.380 - -1.053 33.585 63,824 26,496