Although it looks to me like "someone" was active after the COMEX close for gold. Options expiry is also coming up tomorrow. Let's see if silver can hold on to $20 and gold $1300. I wouldn't take a bet on it but stranger things have happened. SMF
DAVID MORGAN: JPMORGAN IS NOW LONG SILVER!
JULY 24, 2013
Silver guru David Morgan joins Finance & Liberty’s Elijah Johnson to discuss the latest developments in the gold & silver markets.
Morgan discusses the historic beating the cartel has inflicted on the metals over the past 3 months, and states with silver recently touching an $18 handle, the evidence indicates that JP Morgan is now LONG SILVER!
David Morgan’s full interview on gold, silver, & JPMorgan’s metals positions is below:
http://www.youtube.com/watch?feature=player_embedded&v=KyLZQcCJ9mI