Gold trading:
Gold had a firming tone throughout the night and reached its zenith at the first London gold fix (3 am) at $1302.20 and from that point it was all downhill as gold finished the day at $1295.50
As I have pointed out to you, the bankers continue to whack gold trying to influence silver as they are concerned with it’s high open interest resting tonight at 165,052 coupled with a low price of $19.42. This is totally incompatible in the real world. Somebody or some big entity with deep pockets (hint: sovereign China) is willing to take on JPMorgan and their crooked bankers. JPMorgan knows quite well that the regulators:
1 are not watching
2. will not watch
the comex data.
So it is battle to the finish!!
Ladies and gentlemen:
Something big is going on in silver, and this should unravel shortly.