According to Bo Polny gold has broken out. The big resistance is $1300 where the big money is trying to hold it back. Silver outperformed gold in January and it will probably outperform it into the near future. To Bo the trade is on silver rather than gold. The ratio between the two is so out of whack that it virtually has to narrow. As has been said in the past, “Silver is the money of the people, gold is the money of kings.”
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