Today the precious metals closed up over the last day. That’s a good thing but it wasn’t much. But that ain’t bad either. It showed that buyers were waiting at the support level of $1,320.00. I think that if we can keep it in this area in the opening of next week the bulls will win. Particularly if it heads back up $30. Next week will tell of course.
Here’s the interesting news items I found today.
Here’s an interesting video on Mike Cane’s blog: $1Q :One quadrillion dollars of accounting debits evaporated.