Oct 1, 2012
Ranting Andy Hoffman speaks about the strike down of Comex position limits by a DC Federal Court. No surprises there. There's no one left in the marketsm, except poorly veiled government traders-who are working non-stop to keep the entire thing afloat. The physical market for precious metals appears to ready to another rise. $1800 for gold and $35 for silver are important numbers. Once they're exceeded, no one can anticipate where they'll wind up at. Certainly things in Europe and the US as well as the rest of the world are not providing any one with encouraging news or prospects for economic growth. And of course, we're in October, always a fun and volatile month for the markets.
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