Koala- Right now, the charts are showing a positive build-up to launch higher based on physical demand, and the continuation of large deposites becoming harder-and-harder to find.
The powers in control might let the PMs price run alittle bit higher before taken it back down to retest the lows? We will have to watch how this plays out.
Personally, I would like to see the PM prices run higher first to retest the old highs; before droping lower to retest the lows like Jim Rogers is predicting, which is based upon a currency crise happening because of all the world debt.
The joker in the deck, those in control of naked shorting are still in control.