Mornin state. Nice little V pattern in both gold and silver. I pretty much expect the cartel hammering to protect their shorts ( he he ). Gold and silver both up off their lows.

I think the current increase in pressure under the metals is smart and will not fight the cabal today, but will let the cabal sell down and them buy trying to lock in the bargains.

The very significant news of Germany and the Swiss wanting their swapped gold back and the ME opening their own central storage facility and wanting their physical metal returned is like a Tsunami out at sea. It looks a bit bigger than normal, but its nothing like it will look as it approaches shore. If and when the time to deliver the physical back to its rightful owners comes, that is when I expect THTHTF.

Today will be interesting to watch and later in the week as the other options expire. I sit and wonder if this is the time we see the cabal buried.

Cheers, Scruff