So I'm working out this afternoon and I look up to see Jim Rogers giving a lengthy interview to Glenn Beck. My dear reader, I don't know what you think of Glenn beck and, frankly, I don't really care. However, you should take the time to watch this interview. Rogers is usually interviewed only on the financial networks. There, the questions are often the same and his responses, though genuine, frequently lack candor. In the environment of the Glenn Beck studio and given the time to expand on his beliefs, Rogers shares some opinions that fit right in with our stated mission here. Below is a link to the first segment of the interview. I highly encourage you to go program your DVR to record the replay of the program when it airs again tonight at 2:00 a.m. EDT.
In the metals, gold is quiet but silver looks firmly entrenched above 37.50 and ready to go tackle tough resistance at 38.50-38.85.
Remember, our goals are 1560-1580 in gold and 42-43 in silver before the end of June. IF silver can rally tomorrow and finish the week in the vicinity of 38.50, it will be primed to go attack 39.50 next week. It will then pound away on 39.50 and 40 while buying pressure builds as we approach "first notice day". After finally breaking through, we could get a quick burst to 42-43 very easily.
That's it for today.
Turd must rest as tomorrow is a very BIG DAY, not just in the PMs but in all of TurdLand.
See you in the morning. TF