Quote Originally Posted by Serpo View Post
"Interestingly, the Asian buyers have figured out the algorithms..........

may have something to do with it and the fact the have very little metal left isnt something they want out......haha
Frankly, I am surprised COMEX hasn't defaulted by now. People here must remember while the gold and silver prices are suppressed here and most people are either too broke or too ill-informed to buy physical, in China and India the metals look like screaming bargains and they are buying hand over fist. I'm no chartist by any measure, but the gold and silver charts look like they are forming a massive pennant on the way to a price explosion. I wish Magnes or one of the other resident techies would take a look at that and comment.