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May 15, 2006
Mayday, mayday, gold alert, Mon., May 15, 2006, 5:37 AM
Indications from overnight markets are that gold and silver trading (metals as well as stocks) are correcting down, and the $USD is rising " sharply. Last week you were warned this was likely to happen. It is now happening.
Spot gold is down ~$23.00 to $693.85 bid. It will sink much lower. These bids will continue to drop like a stone.
Spot silver is down $0.73 to $13.65 bid. It too will sink much lower. These bids will continue to drop like a stone.
Posted by Posted by Bill Cara on May 15, 2006 05:38:03 AM | Category: Forex , Gold , Gold