Monday, December 12, 2011

Gold Daily and Silver Weekly Charts - Bear Raids and Perception Management


The lease rates indicate that someone dumped physical gold in a non-profit seeking manner into the gold-paper markets last week. I wonder who that could be. I suspect it helped fuel the bear raid on gold today.

Bloomberg TV was having an all day anti-gold festival, so I will surmise that something gold-friendly is coming up in the next few weeks.

Perverse logic perhaps. But it is what it is

No comments:

Post a Comment