Gold Daily and Silver Weekly Charts -

Gold and silver got legs today in what was clearly a 'flight to safety' led by gold to the upside.

The US dollar sold off, in a bit of a twist from its usual role as a haven, and helped the price of the gold-dollar cross.

Pet rocks. Who would have thought it?

The metals have a distance to go yet, as is clear from the charts, before they clear bullish waters.

There was no delivery action yesterday at The Bucket Shop® .  What a surprise.

And there was little enough activity in their 'stockpiles of bullion' as noted below in the reports.

The paper markets have not suddenly become transparent or honest, or tied closely to the physical supply and demand markets in the East.

Oh I know, so many who ever dared to see the obvious have been pushed into despair and silent obscurity.

But some are bound to keep on riding.   And the road goes on forever.

Have a pleasant evening.