Wednesday, January 21, 2015

The PM smackdown missed a spot

Yeah, so gold got smacked down all the way to $1190 this morning!

Sorry... did I say $1190? I meant $1290.

So here's why you watch the silver chart, okay?

I guess everyone's been slam-selling gold this morning cos of the ECB decision that's been leaked out.

Problem is they aren't slam-selling silver too.

So I guess the underlying gold situation is still fine, we're just seeing a $10 drop from this morning because a few people trading gold on news have cut bait.

Gold's not broken til silver is.

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