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.