So, this is how it works in the Age of Lies, Obfuscation & Nonsense.
2/29 - Bernanke testimony. Down go PMs. https://www.tfmetalsreport.com/blog/3465/csi-comex-gold-and-silver-massacre
3/8 - Bernanke buttboy Hilsenrath talks. Up go PMs. https://www.tfmetalsreport.com/blog/3494/whatever-sterilize
3/13 - FOMC minutes no QE. Down go PMs. https://www.tfmetalsreport.com/blog/3520/literally-sick-my-stomach
3/26 - Bernanke talks. Up go PMs. https://www.tfmetalsreport.com/blog/3578/thank-you-mr-ben-bernank
4/3 - FOMC minutes again. Down go PMs. https://www.tfmetalsreport.com/blog/3615/schizo
4/11-12 - More talk of QE from Bernanke, Yellen and Dudley. Up go PMs. https://www.tfmetalsreport.com/blog/3654/sack-nonsense-redux
4/13 - Bernanke talks. Down go PMs. https://www.zerohedge.com/news/no-hints-qe-latest-bernanke-word-cloud
Absolutely ridiculous and comical nonsense. NO ONE should be attempting to trade gold and/or silver futures on the Comex. The WOPRs and The Cartel are completely in charge and every mutterance and headline sends a cascade of HFT orders based solely upon phraseology and syntax. THIS IS MADNESS! In the end, the fiat price of true money is left to shift in the wind, regardless of the underlying fundamentals. Therefore, THE ONLY ONES WITH A CHANCE are the regulars in Andy's Army. EVERYONE ELSE must avoid day trading at all costs. THE ONLY OPTION is to buy physical metal on paper metal dips and TAKE DELIVERY.
Have a nice weekend. TF