The Phaserl


Gold Daily and Silver Weekly Charts – Gold Pops Back, Economy Falters

from Jesse’s Café Américain:

“True bravery is always an act of love, of family and friends, of truth, duty, and honor. To stand and face the unknown requires that we care for something more than ourselves. There is no greater act than to move forward with our heart while our mind tells us to flee.”

Thanks to Bill Murphy for resurrecting that old quote of mine above from 9-11-07.

Much as I would like to serve up some legendary comments about the intense action in the precious metals markets today, the fact of the matter is that not much happened. Well, at least as far as the markets are concerned. I enjoyed working in the yard outside although the heat was a bit oppressive. The claiming action in the Comex yesterday was minimal, and the warehouses were fairly quiet, although the ins and outs in the CNT silver warehouse still serve to impress a bit. The metals popped higher led by gold which poked its nose over 1330 for a little while, seemingly off the FOMC minutes which really did not say much of anything new. The Fed will continue to taper until QE ends in October. And the unspoken ‘unless’ in that is ‘unless something happens.’

Read More @

Help us spread the ANTIDOTE to corporate propaganda.

Please follow SGT Report on Twitter & help share the message.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>