Gold Daily and Silver Weekly Charts - The Usual 3 AM NY Time Bear Raid

Gold was hit hard by a selling flurry around 3 AM Eastern Time, with most of the selling timed to events in London.

Check out the plunge in gold lease rates on 2 February in the last chart.

Silver proved to be more resilient.

If and when the metals brokers and their pyramid of leverage breaks, be careful about any holdings you may have that are mingled with theirs, otherwise your victory may