Huge Raid Foiled/Gold And Silver Advance
by Harvey Organ, HarveyOrgan.Blogspot.ca:
Gold closed up $22.20 to $1384.30 (comex closing time). Silver rose by 23 cents to $22.57 (comex closing time)
In the access market at 5 pm gold and silver are the following :
gold: $1394.70.
silver: $22.92
The bankers showed up very early Sunday night as silver was whacked for an immediate loss of over $ 2.00 to $20.24 and gold was immediately whacked down to $1,338.00. You will recall that the last time we had a wicked collapse on Friday the 12th of April, the following Monday also had a continuation of that Friday raid, establishing capitulation which then allowed gold and silver to rise for the next 40 days. The gangsters no doubt were ready again to apply their wares Sunday night… to cause a severe bloodbath and force many longs in gold/silver and many shareholders of gold/equity shares to pitch their hard earned assets. This is the first time ever that I can recall that we had a massive hit on gold and silver early on a Sunday night and then we proceeded to have a global gold/silver outside day reversal. (For those newcomers, an outside day reversal is a large reverse in price in mid stream. An outside day reversal on the positive side is when gold/silver are smashed in the early part of the trading session and then climb to a clear positive on the day’s end.)
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