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The Breakdown Has Begun
A wave of defaults is about to crash over us

Gold & Silver Update

Gold rose +8.00 to 1197.40 on heavy volume, while silver climbed +0.05 to 15.30 on heavy volume too.  Gold was hit in Asia, dropping to 1181 where it found support and rallied right back, closing at the highs for the day.  Silver largely followed gold.

While gold initially looked as though it was heading into the decline I've been...

Today's Market

Gold
1,238.27
H 1,240.80
+39.58
L 1,198.48
+3.30%
Silver
15.63
H 15.70
+0.34
L 15.30
+2.19%
Crude Oil (Brent)
30.31
H 30.89
-0.53
L 30.10
-1.72%
S&P 500
1,851.86
H 1,881.60
0
L 1,850.32
/

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