from Silver Doctors:
After consolidating last week’s massive gains throughout the week (and weathering the cartel’s Fed minutes raid Wednesday, gold and silver have both just broken out of the cartel’s capping at $23.20 in silver, and $1375 in gold, with silver making a vertical move and closing in on $24, and gold launching towards $1400.
The move comes on today’s horrible home sales report, which saw new home sales plunge to just 35k in July with rapidly spiking interest rates. It appears the market is telling Bernanke that taper is not an option.
Will we see a weekly close over $24 and $1400 setting up a massive rally to start next week?
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