Did you really expect anything different with Obama speaking today and options expiry tomorrow and being mid-summer. The fact gold/silver have remained this strong is remarkable to me given today and tomorrows events plus you had to believe the shorts would fight back and not roll over without a fight. Plus next week we have a first call delivery, FED mtg, GDP print, ECB mtg, and jobs number. For sure I was expecting a bumpy ride but for sure the bottom is also in for gold/silver.
I'm more upbeat about the future than I have been in months and will not let some expected volatility get my emotions running, things have turned in our favour at long last in my view but it will not be a one way street.