Quite the divergence in gold and silver this week. Gold/Silver price ratio is now about 68. JPM must be really putting a pile of effort into covering as many shorts as posible. They may be very uncomfortable as to how close the short in physical silver may be??
Just a thought.
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New York Spot Price
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MARKET IS OPEN (Will close in 3 hrs. 22 mins.) |
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Metals
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Date
|
Time (EST)
|
Bid
|
Ask
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Change
|
Low
|
High
|
 |
GOLD
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05/06/2010
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13:54
|
1196.20
|
1197.20
|
+20.60
|
+1.75%
|
1174.70
|
1200.30
|
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SILVER
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05/06/2010
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13:54
|
17.48
|
17.50
|
-0.02
|
-0.11%
|
17.32
|
17.71
|
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PLATINUM
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05/06/2010
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13:52
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1663.00
|
1667.00
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+17.00
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+1.03%
|
1653.00
|
1683.00
|
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PALLADIUM
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05/06/2010
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13:47
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511.00
|
517.00
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+9.00
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+1.79%
|
501.00
|
520.00
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