Its all just noise now. Designed to create the impression that all is well.
As I listened to The Coug, The Shill and LIESman, all I could think of was Charlie Brown's teacher.
Here's an audio aide for you: http://www.youtube.com/watch?v=eUyLwXhqlWU&feature=related
Today is a rather important day. In gold, we've had four, consecutive weeks of higher closes. We need to make this week #5. The number to watch is $1409.30. As you can see, that level jibes with the chart, too.
Keep a close eye on crude today. The overnight high back on 2/24 was 103.41. Movement through there, particularly a close above there, would portend more gains on the way.
Silver is approaching $35 again as I type. I've got a last of 34.86. I'll be very curious to watch the action at 35 if/when it gets there today.
More later. TF
10:25 EST UPDATE:
Wow! We are rolling.
Now, don't try to get cute and call a top. Let this run a little bit. The biggest mistake of traders is that they cut their profits short yet they let their losses run on the hopes "it will come back". You need to do the opposite! In this case, let your profits run a bit. Let's see where this takes us. TF