Greetings!, If it looks like a duck, walks like a duck and quacks, it's probably a duck. As you can see from the charts below, it is quite possible that what we witnessed last night and into this morning's trading session is a key reversal from the downtrend and correction that gold and silver were trading in. Although too early to absolutely confirm, the technical evidence weighs heavily towards that conclusion. With very little new fundamental news to fuel this marketplace in one direction or the other, traders await the conclusion of this quarter. As much as I want to believe that no manipulation takes place within these markets, one has to be keenly aware that fund and money managers, who derive their quarterly income on profits, will on some occasions liquidate profitable positions so that they can mark them on their books. All of that will end by tomorrow. PLEASE NOTE: I am proud and pleased to introduce our new website, which went live last night. Links to some of the new areas can be found to the right of this letter. The subscribers' and members' service area has been thoroughly upgraded and will offer you a seamless and effortless way to gain information about your account. Also new is our help desk. This system allows you to ask questions and get responses and solutions quickly. Lastly we will be introducing our virtual trading room over the next month. This virtual forum will allow up to 25 subscribers at one time to gather, learn and collaborate. As always, wishing you good trading, Executive Producer |