As I mentioned this morning (LINK) that we have weak support at 37.70 and that broke in the Globex session, funny how they wait till the volume is at its low. It drove the price to as low as 36.50 just as I promised. Picked up a little physical had to pay 1.50 over the price. Hopefully we can start moving back up overnight and close out the week above 38. In less serious news the economy has fallen off the cliff. |
"Economic or market trend associated with some characteristic or phenomenon which is not cyclical or seasonal but exists over a relatively long period".
Wednesday, June 01, 2011
Silver Target Reached: Another Gold and Silver Heist
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