from Jesse’s Café Américain:
The US markets were very sleepy today, with little serious conviction in any direction.
Gold and silver just drifted, held in their places after the excitement of the beginning of the week. There was no delivery activity at The Bucket Shop yesterday, and just trickles of bullion out of the warehouses as shown below.
Let’s see if next week brings us any surprised, most likely from overseas.
I do think that looking out six months that we will likely see a widening of the swings in volatility, as events drive real people to take certain decisions, and the Banks and their government associates seek to stabilize and maintain their status quo.
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