Last week, I was perusing the latest issue of The American Spectator (yes, I'm a subscriber and have been since 1994). In it I found a terrific article about returning to The Gold Standard.

As you know, I'm very excited about the prospects for the fiat-conversion price of silver this year. It's going to a big year, perhaps even historic. That does not mean, however, that silver will move in a straight line up. I still believe the The Evil Empire intends to dramatically lessen, if not eliminate, their long-time manipulative short position. However, a careful review of the situation at ground level leads me to think that we're not out of the woods yet.

See for yourself. Dying Comex volumes entice CME to reduce margins, thereby increasing trading volume and CME profit?

http://www.zerohedge.com/news/cme-cuts-gold-silver-platinum-and-copper-margins

Maybe 1750 and 34 will finally fall?

More on this later.

I've received quite a few requests lately for some technical analysis of some of our favorite gold and silver miners. Fortunately, today, I finally had some time to actually do the work necessary to write one. Here you go!

As the POSX breaks down, the metals are charging higher. Here are some updated charts.