by J. Johnson
Great and Wonderful Monday Morning Folks,
June Gold is still being held in check after the Sunday night rally sent the noble metal to $1,673.60 with the trade now at $1,644.50 down $9.60 after being dipped to $1,635.70 at the start of London’s time. Silver is leading the decline with the May contract at $14.16 down 37.4 cents after being forced down to $13.945 but only after the price rallied to $14.71. The US Dollar is up 55.8 points at 99.095 and close to the high at 99.165 with the low point at 98.395. Of course, all of this happened already before 5 am pst, the Comex open, the London close, and after everything possible was used, in their wallets, to set price against real “In Hand” value.
In Venezuela, Gold gained 18.97 Bolivar with the trade at 16,424.44, yet Silver is losing with the trade at 141.423 showing a loss of 5.243 Bolivar.