Been talking a lot this week about hitting the superfecta in silver (day, week, month, annual close). With this current spike in price, we now have a legitimate shot at a superfecta in gold, too. The all-time closing high in Feb11 gold is $1416.10 on 12/6/10. I have a last of $1418.40. Look out!
Keep watching that Mar11 USDX. The recent intra-day low was 79.15 on 12/14. A close below there would indicate 78.50 is next.
The title means this, of course, is obligatory:
OK, once you've re-swallowed the puke that was in your mouth, let's move on. Our PMs are hangin tough!
As predicted for the past three days or so, the dollar completed its rollover last night. Here's a reprint of last night's chart:
Lastly, I haven't taken the time to read this yet but I can assure you ahead of time that it is extremely valuable and a must read. This Egon dude has been spot on for years. In fact, The Turd considers him a "brother from another mother". Read it. Print it. Save it.
Metals still looking good as I close. Keep your fingers crossed. Out.