Sunday, April 24, 2011

Global Silver trading opens...

Global trading in Gold and Silver for Monday has started and after an hour Silver is up over $1.00 per ounce (Gold over $10).

Is it catch-up with Friday's sparse, limited holiday Friday trading where Silver was over $1 in some European markets? Or is this reaction to China's announced thoughts on what it should do with foreign-reserves (see post below)?

Will the banking cabal launch massive volumes of Gold/Silver paper contracts at the GLOBEX tonight and the COMEX tomorrow in a desperate attempt to mute the reaction to the US dollar?

Monday will be a tremendously volatile day in Silver and Gold.

Click 'comments' below to contribute to this post.
Please read disclaimer at bottom of blog.

1 comment:

  1. I really thought the attack was going to be right now and silver would be knocked down at the opening...

    Maybe they are letting it run up in an attempt to make the knock down even more dramatic? Scare pple off?

    One more chance to buy in the $20's hopefully?