Today was another historic day, to end a historic week. Gold was on a monstrous move closing the week at $1475.00 USD. To think just a couple of days ago we were battling the Banksters at the technical $1440 level. Well that has just been crushed. Technically the next gold angel stands at $1521, which I expect to be challenged in short order.
Silver is just something of a whole other world. But hey its good to see that the laws of supply and demand still take hold. Even in a artificially depressed world (that is the truly amazing fact). Silver closed at $40.93! Up $1.38 in just one day alone! What happens to JP Morgan when we pass $46? $48? Only time will tell. All I can say is I wouldn't want to be them.
The Silver Liberation army is on the move. History will look back on you and smile. History is written by the victors. Not by the losers. And from my vantage point, we are winning... Keep up the good fight.
Silver Bug
