Silver knifed straight through $14/oz this morning without looking back. Its at $14.10 as I write. Gold is up sharply so far too, but not through any significant resistance yet -- currently at $918.10/oz. If it continues and gold motors through $920/oz in the next hour or so, I don't know if They will find themselves being able to defend this price level any more, at the COMEX open.
Let's see. Could be an interesting day in this market.
Update, as I write silver now up to $14.17 and gold up to $918.80. Those of your that know me personally, will know that I am not the slowest typer either.
Tuesday, 12 May 2009
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