from Silver Doctors:
Yesterday we had gold and silver higher but the gold/silver equity shares were much lower.
It sure looked like the boys were going to raid PMs today. However FEAR spread throughout the globe with oil crashing in Europe along with the price of copper. Then once NY started to trade, we were greeted with news of awful retail sales (remember that the consumer is 70% of GDP) coupled with horrible earnings report from JPMorgan. The housing sector continues to act in disarray. This sent the Dow futures down dramatically. However gold and silver started to rise on those fears. The bankers had their work cut out for them, trying to cool the prices for our precious metals.
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