1550 holds again
Yes, the LBMA pm fix was 1552. Yes, the Comex close was the 3rd highest ever at 1553. No, that didn't stop the weasly, sissy, cheapshot artist, soulless monkeys from attacking on the defenseless Globex and bringing gold back down under 1550. The monkeys are like the worthless, coward criminal from a B-movie western. Our hero saves the day and kills all the bad guys but the coward criminal plays dead and then, when our hero turns to walk away, the coward shoots him in the back. Nice work, girls. Are you proud of yourselves? Better yet, are your parents proud of you? Amen I say to you, your soulless prosecution of the EE agenda may net you personal riches, stripper girlfriends and unlimited coke but in the end, at the final judgment, you will be left alone to answer for all your selfish misdeeds.
Gosh that felt good. I think that's one of the best anti-Cartel tirades I've written in a while. Quite therapeutic, actually.
At any rate... another day, another assault on the crumbling fortress that is 1550. The Empire's castle is made of sand and the tide is rapidly approaching. They can defend and fortify all they want. They can buy time. In the end, they will fail. They will fail.
Here are three overnight links for you. First up, a fun write-up from Jeff Nielson's crew up north:
Next, Eric King interviewed the great John Embry earlier today. This is worth the time to read:
Lastly, Jim Willie gives you some nice tasty nuggets to chew on, too:
That's it for today. Until tomorrow, keep your feet on the ground but keep reaching for the stars. TF