by Harvey Organ, HarveyOrgan.Blogspot.ca:
Gold closed down $8.00 at $1303.40 (comex to comex closing time ). Silver was down another 19 cents to $19.76
In the access market tonight at 5:15 pm
As I told you last night, options expiry finishes today. Since the price fell below 1300.00 dollars per gold and $20.00 for silver you can bet that many in the calls last weeks became worth absolutely zero. It is so great that we have regulators feeding at the trough as they do absolutely nothing. Expect that we will have continual pressure on the precious metals until Monday night, after first day notice. Then the crooks release the shackles and let gold/silver rise in order to repeat the process in 3 weeks.
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