Tuesday, May 8, 2012

Gold Daily and Silver Weekly Chart - World Markets Decouple from US Prices in Oil


With regard to gold and silver, the premiums on the trusts and funds, which I put out earlier today, smell more like capitulation and a forming bottom than anything else. That is, unless the markets in general 'fall out of bed' as they did in 2008 in a panic selloff seeking liquidity.

Below is an interview which Max Keiser has with Leah McGrath Goodman about the speculation in the oil markets.

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