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Weekly Charts

Presented without further comment. Turd tired. Turd need break. Regardless, Turd can't wait for Sunday 6:00.

Another Stair Higher

While CNBS et al struggle to explain the awful, miserable and pathetic GDP numbers, I certainly hope that none of this comes as any surprise to you.

1650 and 42

I'm still confident we're headed there as soon as next week. Here's why.

Same Old, Same Old

First of all, I want to thank again all who participated in yesterday's "Turdathon". The threshold I hoped to reach has been met and work will begin as soon as possible on the site improvements we discussed.

The criminals are after silver hard today. As that Dave guy pointed out back on Tuesday, the EE likes to raid silver on the two days post gold option expiry. Here's a re-print:

Site Improvements

First, some business before we get to the charts.

This site is now about six weeks old and, like a six-week old, continues to grow. We've already made several, behind-the-scenes improvements in response to your feedback. Now it's time to make a few more.

No Raid Today?

Ole Pigatha Christie looks so awful right now that The Forces of Darkness have seemingly decided to stay away from the PMs today. Don't get too comfortable, though, because they are definitely lurking in the shadows.

Recalling Last Tuesday

Just a couple of things while we wait for The Wicked Witch...

1) Once again, The Cartel raided the metals in the U.S. overnight. This time, they extracted about $6 in the 5 minutes beginning around 3:25 EDT. This has been their recent pattern. Over the past two weeks, raids have been a frequent occurrence between 3:00am and 5:00am EDT. I do not have the charting capability to print a 15-minute or even an hourly chart that goes back the past 10 days. If anyone does, please post it in the comments below. I'm sure it would be telling.

Dried Out and Ready

LT #1 and I had a wonderful time at the U2 show Saturday night. I have a question for you, though. When was the last time you voluntarily stood in the rain?  I did it for over 2 hours Saturday night and had a blast. Soaked and cold but happy. How The Edge managed to play in the downpour I have no idea. How Larry was able to keep metronomic time while soaking wet is a mystery.

Headed To The Airport

Just a quick note as I'm headed to the airport.

Don't get too excited or depressed by price action today and this week. Every rumor will be met with a wave of selling, like we just saw about 10 minutes ago. Gold looks to catch a bid when it falls back near last week's high of 1610. Silver seems to stabilize in the 40.20-40.40 area.

Ultraviolet

Just two simple charts for you to chew on over the weekend. I'll be unavailable for a couple of days as I'm headed to where the streets have no name. It'll be a sort of homecoming for me in the city of blinding lights, out there in God's country, where the land is often as white as snow. This time of year, however, it should be a couple of beautiful days.

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