Gold and Silver Early Days
Commodities / Gold and Silver 2015 Jan 21, 2015 - 04:26 PM GMTBy: Jesse
After a morning smackdown gold was able to hold its level just below 1300, with silver showing a little more resilience.
Tomorrow we should hear the official word from the ECB, after the 'leak' today of over a trillion in QE per year.
The central banks of the West are 'plowing the oceans.'
The Bank of Canada gave us a surprise rate cut, justified by the shocking slump in oil revenues.
This interview with Jim Rickards is worth a look.
Next week we will see an option expiration on the Comex which *could* be a test for this rally.
For this precious metals rally, it is still early days.
Have a pleasant evening.
By Jesse
http://jessescrossroadscafe.blogspot.com
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