The Phaserl


GLD and SLV constant/Gold rises to above $1350.00/the Crimea votes to secede from the Ukraine/Turmoil over there is still the leading stories

by Harvey Organ,

Good evening Ladies and Gentlemen:

Gold closed up $11.50 at $1351.70 (comex to comex closing time ). Silver was up 35 cents to $21.54

In the access market tonight at 5:15 pm
gold: $1350.50
silver: $21.47

Today gold and silver got a shot in the arm as Draghi stated that he is going to keep interest rates low for quite some time even if the economy improves as he expects. This caused gold to climb just above the big resistance level of $1350.
On the horizon, tomorrow we have the jobs report and judging from all the numbers given by the BLS and the private ADP, it should be pretty bad. However you know that the BLS continues to butcher the numbers and the bankers always whack gold/silver around this event, so please be careful.

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