Gold $1737.60 OFF $16.70

Silver $32.77 OFF $0.71

There is talk at kitco.com that if the $1738.30 level gives way then lower gold prices are coming. Well, by gold registering a loss today it marks the 4th count lower in the down-field series created by Granville. In the past few years the lowest recorded was a 7 count for reactions. Time will tell but it's getting close enough to where my stack of fiats is biting at the bit to be exchanged into some hard money.