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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.


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.

Quick Update

With the metals moving so nicely this morning, I figured I'd better give you some levels to watch.

By All Means, Sell Your PMs!

Word of a pending "deal" between The Regime and The House sent the metals reeling this morning. This once again proves that WOPR does not have actual, human least, not yet.

Charting The Pig

All of the news out of Europe has sent ole Pigatha Christie tumbling this morning so I thought it might be time to give you some levels to watch in the POSX.

Wrapping UP

Before we wrap up today, let's put the finishing touches on yesterday.

The chart below was posted in the comments last night. It pretty much tells you all you need to know about the Cartel's raid in silver yesterday. Overwhelming evidence such as this can only lead you to two conclusions about those that deny the existence of The Evil Empire and their detrimental effects/actions:

The Assault Continues

Seemingly not content with the havoc they wrought on the Globex yesterday, The Cartel continued their evil ways overnight.

Fighting The Criminals

Let's start with an oldie but a goody. Just a reminder that we've been here several times before:

I hope you were able to check the very important update I posted this morning to the previous blog. If you missed it, here was one of the main points:

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