The cartel has been at work since the COMEX open. They have now successfully stuffed gold back under $1700, and silver under $39.
The gold/silver ratio has also increased back up to 43.6.
Meanwhile, the Dow is now down a cool 375.
Still waiting for the Fannie/Freddie/ BAC, JPM, etc downgrades when the fun should really begin.
MARKET IS OPEN (Will close in 6 hrs. 59 mins.) | ||||||||||
Metals | Date | Time (EST) | Bid | Ask | Low | High | ||||
![]() | ![]() | GOLD | 08/08/2011 | 10:43 | 1697.60 | 1698.60 | 1691.30 | 1706.50 | ||
![]() | ![]() | SILVER | 08/08/2011 | 10:43 | 38.86 | 38.96 | 38.64 | 39.85 |
Again, feel free to express your feelings to Blythe on her personal blog.
![Live New York Gold Chart [Kitco Inc.]](http://www.kitco.com/images/live/nygold.gif)
![Live New York Silver Chart [ Kitco Inc. ]](http://www.kitco.com/images/live/nysilver.gif)