by J. Johnson
Great and Wonderful Friday Morning Folks,
The Precious Metals are trading lower this morning, after another surprise hike in margins was applied, with Gold now at $1,956, down only $14.40 and recovering from the low at $1,945.30 with the high at $1,970. December Silver is trading at $27.085 down 84.4 cents and is recovering from the low at $26.59 with the high so far at $28.03. We’ll be quoting the December Contract from now on because the Open Interest blew past Septembers as the roll overs are occurring faster than normal. The US Dollar is still flat as can be with the trade at 93.19, down 12.7 points after hitting a low of 93.135 with the high at 93.41. Of course, all this happened before 5 am pst, the Comex open, the London close, and after the DOJ found out that Yale illegally and intentionally discriminated against Whites and Asians. What part of Equal Rights requires pigment?