Silver & gold have been capped at $34 and $1775 once again on today’s COMEX open, silver was treated to a .50 waterfall decline precisely as it rallied to touch $34 this morning, and gold was sent back to $1765 just as it was preparing to take out $1775 to the upside.
After trading right at $34 through most of the Asian session, silver sold off on the LBMA open, and was again smacked down just after the COMEX open as it again neared $34:
Gold consolidated at $1770 overnight, and had just broken out of it’s consolidation zone and was running back to the critical $1775 prior to the attack:
We first mentioned the significance of a move through $1775 in gold and $35 in silver nearly 3 weeks ago now. The cartel’s actions over the past month have demonstrated just how crucial these levels are.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/live/s_silv.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/live/s_gold.gif)
You look at that chart and tell me it’s not as plain as the nose on you face. Everyday – same time same spike downward!
precmetals -
what r u talking about???
u mean to tell me just because a market is repeatedly driven lower, over a 2 year period at the open of trading in London, then again at the close of trading in London, then again at the open of the Crimex in New York, and then again at the close of the Crimex in New York, and then again in the access markets where NO ONE IS TRADING, that this constitutes BLATANT MANIPULATION AND FRAUD??????????????
come on…we have free markets in this country….remember, land of the free and all that other C R A P………
They are not the same as the ones from a few months ago. Before, one third of the USA’s annual silver production in paper silver could crush silver’s price by 2$ in one shot. Now, multiple raids each equaling more than a year’s USA’s annual silver production could only crush silver’s price by 1$ and it took the cartel a lot of shots.
silver price has been in the range of 33.5 – 34.5..
for three weeks now? never seen it hold in this tight range for so long,, we should be at $38 by now!
i want to know more about these contracts that will end on Dec,, who has the story about it, it fits that by that time of delivery we should have a nice spike. can someone tell us more please?
Could it be that the Cartel doesn’t want any big moves until after the election?
Of Course they don’t want big moves till after election; and also nothing above $36.
The stupidity of these western central banks and bullion banks is breathtaking. Everyone knows that they are manipulating the precious metals market. More and more cheap physical gold leaves London everyday for the East as no-one wants to be holding paper promises when the music stops. I wonder if the US Fed actually has any gold left because if it doesn’t the US is completely screwed. I also wonder if Germany will ever get the 2200 tons of gold back that the New York Fed is supposedly holding.
Sure there is gold left, it has a tungsten core…
The bastards are really trying today. Silver now down to £20.87. Not happy. Down 30p on the day so far. Can I bill these jerks for the losses?
bastards, cheats, liars, self-serving criminals – I hope they rot from the inside out
nobody gets out alive…just try and go gracefully when you know in your heart you failed humanity
Gold and silver continued to go down after these prices and now, silver is at 33.48$ per ounce and gold is at 1754.30$ per ounce. I hope that silver goes back to 27$ per ounce so that I can buy it cheaply!