Boy-oh-boy, are we ever set up for an interesting week next. So, to help as many as possible to get ready, I thought we'd just go ahead and make this a public thread for your listening pleasure.
Today we begin with this 1-minute chart of June silver that takes us right up to the Comex close. As we've been discussing for days, a "higher high" and a close above the October 28 intraday high of $16.38 would be very bullish. Well, clearly, JPM et al know this, too. Thus the chart below:
Though we may have lost today's battle, the war continues...and it looks like it's about to heat up again. Note the bearish ORD on this daily chart of the USDJPY:
Here are your daily and weekly charts of gold:
Your daily and weekly charts of silver:
And though it may not have felt like it, the HUI was actually UP another 2% this week. I'll take it!
Lastly, please be sure to check back on Sunday for a fascinating interview of Keith Neumeyer, CEO of First Majestic Silver. You're going to find it pretty interesting.
Have a great weekend!