The set up looks bad for silver and gold Mon thru Wed but better Thurs and Friday this week. There is a FOMC meeting this week June 22/23 and the gov't(Summers/Geithner) will have asked the bullion banks to suppress the price of gold until after Bernanke makes his announcement Wed at 2:30PM.

It looks like China will be allowing its currency to be revalued upward in the near future. This is dollar and Euro negative and we should see US dollar and Euro drop significantly. This is medium term bullish for gold, silver and pm stocks this summer. I think the long awaited pm stock move may happen in July which is bullish for ECU.

On an OT subject anybody playing Golden Hope (GNH.V). I was fortunate to buy in early and its been suprising me lately. May be another Osisko.