Indeed silver is looking very strong tonight and with the Beijing Put in place gold is now back stopped just below $1000 by a force larger than the cartel itself. Once $1024 & $1034 is breached it's blue sky for gold so I would not be surprised to see a quick run up to the $1100 or $1200 level as the USD accelerates its nose dive.

As qwr noted earlier, the large bids that appeared just before the close were very encouraging so hopefully they are still in place at the open. I am still of the opinion that ECU will move when those responsible for knocking the price down have either completed their accumulation or are overwhelmed by significant buying. The day the perpetually replenishing asks end, is the day ECU will begin to float higher. Becoming cash flow positive is giant step in that direction.