Just a short note this evening. I didn't want you to think I'd forgotten about you.
I still have to call Mama Ferg to wish her a happy Mother's Day. She reads this blog every day and has even taken to calling me "Turd" on some occasions. I must admit that its pretty funny to hear a 77-year old lady refer to her son as "Turd".
At any rate, silver is worth watching for the next few hours. The chart looks like it is going to break sharply, one way or the other. Because the ascending line in more steep than the descending line, chances are that silver will break higher and go test 36.50 and, beyond there, 37. However, since for the time being there are absolutely no limits to the shenanigans The Cartel is willing to pull, it could break lower, too. If it does, 34.25-50 has become pretty important support so we'll need it to hold or we're going to end up retesting the 33-33.50 area.
Either way, the action overnight is going to be technically significant so I'll be very curious to see where we are when I roll out of the rack tomorrow morning (U.S.).
Best of luck to all the Asian and Australian turdites. Please try to keep us afloat. TF