http://traderdannorcini.blogspot.com/2011/09/central-banks-waging-war-on-gold-at.html
http://www.zerohedge.com/news/when-fed-doves-cry-chicago-feds-evans-urges-very-significant-amounts-added-accommodation
http://www.zerohedge.com/news/gold-falls-2-minutes-asian-trade-%E2%80%93-global-currency-wars-resume-and-markets-digest-german-decisi
I have not had a lot of time today so I am posting links. Silver continues to weaken - for the moment less than gold. The dollar is off a little but given the German High Court decision and the raid on gold it isn't doing badly. Clearly, there is an anticipation of a $ 300 Billion jobs ( get the UNION VOTE) program from POTUS and this may also weaken the dollar for a day or two BUT everything being discussed is the treatment of symptoms not the disease. I might take a little bit off profits in ZSL as it has moved almost 10% in two days but I would only do this with the intention of gettting back short silver on any rally. Tomorrow there should be an attempt to turn silver and a whole host of commodities up and when/if that fails SPLAT !
http://www.zerohedge.com/news/when-fed-doves-cry-chicago-feds-evans-urges-very-significant-amounts-added-accommodation
http://www.zerohedge.com/news/gold-falls-2-minutes-asian-trade-%E2%80%93-global-currency-wars-resume-and-markets-digest-german-decisi
I have not had a lot of time today so I am posting links. Silver continues to weaken - for the moment less than gold. The dollar is off a little but given the German High Court decision and the raid on gold it isn't doing badly. Clearly, there is an anticipation of a $ 300 Billion jobs ( get the UNION VOTE) program from POTUS and this may also weaken the dollar for a day or two BUT everything being discussed is the treatment of symptoms not the disease. I might take a little bit off profits in ZSL as it has moved almost 10% in two days but I would only do this with the intention of gettting back short silver on any rally. Tomorrow there should be an attempt to turn silver and a whole host of commodities up and when/if that fails SPLAT !