harveyorgan.blogspot.com / February 7, 2013
Good evening Ladies and Gentlemen:
The price of gold fell today by $5.20 down to $1672.50. Silver also fell by 47 cents to $31.39
Today gold and silver were all over the map as the bankers refused to let our two precious metals escape.
We had two waterfalls today with the early hit at its usual time 3 am, a big rise in gold and silver price after 8 am and then another hit after Draghi remarked that he was worried about deflation with the high euro.
Now the manipulations are blatant and obvious to all.
There is no doubt that the bankers have their eyes set on the high OI for March and the high OI for the entire silver complex.
German industrial production fell badly today signalling that this export nation is having trouble exporting goods with a high euro. Spain’s industrial production fell for the 16th consecutive month.
In Greece, tax receipts plummeted again. How on earth can Greece fund itself?
In the USA we had another weak jobless report.
We will discuss these and many other stories but first let us head over to the comex and assess trading today…………