dollarGold and silver prices continued to drift along close to recently established lows this week, showing some support at current levels.
Whether or not there is further weakness to come appears to be a reflection of dollar strength, and it should be noted that the dollar has recently broken into new high ground on a trade-weighted index of other currencies. 

Source: Nanex

Source: Nanex

With Gold and Silver Smashed to Half Decade Lows This Week, PM Fund Manager Dave Kranzler Joined the Show As We Break Down All the Action, Discussing: 

  • 17 Days in a Row With Downside Action For Silver- Longest Losing Streak Since 1950!
  • Kranzler Explains Why: There’s Something Very, Very Wrong Going On Behind the Scenes, Fed is Trying to Keep it Contained
  • Copper & Baltic Dry Index Screaming Next Financial Crisis Has Begun?
  • Kranzler Warns: We Are Going to Reach a Point Where it Will Become Next to Impossible to Acquire Physical Gold & Silver on the Open Market

    The SD Weekly Metals and Markets With The Doc, Eric Dubin, and Dave Kranzler is Below: 

liquid goldIt’s a waste of time for amateur investors to read bearish analysis now, while giant banks buy gold with both aggression and size.
The bottom line is that Western gold community investors can feel very comfortable, here and now, with their accumulation of the world’s ultimate asset!

smashWhat we do not see in the latest numbers are the silver Specs picking up more shorts as price descends and that has been their trait for the last year+.  They are depressed.  Severely depressed
The precise scenario exists right now for both silver and gold Commercials to totally obliterate the Speculators, once and for all.