It was another day of massive paper smashing on Comex after a decent rally overnight. This has now happened each day this week and the paper selling on Comex now totals about $60 in gold and $1.60 in silver. Take that out and we'd be having a decent week. But of course as we like to say, if my aunt had nuts she'd be my uncle, too.
At least, if anything, we had a little late day bounce on Globex. Why? Primarily this: