Will gold and silver manipulation get a rare day off Monday?
London's LBMA is closed for holiday, and Reuters is reporting that power may well be cut to NY's financial district by Hurricane Irene (even if Wall Street is not submerged).
Guess that will leave gold and silver price discovery to APMEX customers and the Pan Asian Gold Exchange.
Reuters headlines:
* More than 1 million lose power in Southeast U.S.
* NJ Oyster Creek power plant idled as safety measure
* Power may be cut to New York's Financial District
* East Coast refiners cut output, Philadelphia port closed
* New York Harbor restricts vessel traffic (Adds idled Oyster Creek nuclear plant, refinery closure, port restrictions.)Read more:
7 comments:
Day off? Or, cover for even more surreptitious maneuvers than usual? I'd expect the latter.
asian market should still be open
So, it means China/Asia markets can take Silver all the way to 50 on Monday (as the cartel are either closed in London or screwed in New York)
To infinity and beyond!
No different to an American holiday.
The UK is on holiday buteurope is still open.
CME announced the market will be open Monday.
Can't have the truth unfold before the sheeple just yet.
If you are a silver or gold bear, you must be getting very nervouse. There is more uptrend pressure on PM's everyday. Yes, we could still have more corrections, but they will be very temporary and the upswings will make the world hold its breath. We are looking at the biggest economic storm in the history of the world. No exaggeration.
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