COMEX Open Raid Smashes Gold & Silver to $1500, $29 Handles!

After consolidating throughout the overnight Asian and London session, the latest COMEX open raid has finally achieved the cartel’s target in silver, with $30 broken to the downside as silver was smashed to $29.84. 
Gold has also been hit on the COMEX open, down another $40 to $1596!

The legendary Jim Sinclair states that this is the last significant correction prior to gold’s move to $3,500. 

*Update: 2nd wave of smash now in progress, with silver down to $29.67


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Look for both metals to be well off this morning’s lows by today’s close, to prevent stackers from taking advantage of $29 handle silver and nearly $1600 gold over the weekend.

Silver’s COMEX open smash back into the $20’s:

silver

2nd wave of smash now in progress, with silver down to $29.73

silver

 

Gold dropped another $20 to $1614:

gold
2nd wave of attack sends gold to $1600:

gold

 

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