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.)
Again, feel free to express your feelings to Blythe on her personal blog.