Gold Daily and Silver Weekly Charts - Unfolding Almost Exactly as Expected

They'll print money until we run out of trees."

Jimmy Rogers
Gold was hit hard, then rallied, then hit into the end of day again, pretty much in the manner which I had expected it would be.

So what next? I think the metals will continue to be capped and under pressure, since the deficit deal, as bad as it might be, provides a rallying point based on fear of discovery for the paper mongers.