Gold & Silver Greeted With Waterfall Smash on COMEX Open

Gold and silver were greeted to a familiar 2-stage waterfall smash on today’s COMEX open, with silver being smashed back under $28 to $27.39, and gold back under $1600 to $1579!

 

Silver’s waterfall began precisely on the COMEX open, and knocked silver well off the $28 level silver had traded around throughout the entire overnight session:

silver

 

Gold is down over $25 from levels seen during Asian trading last night and back under the critical $1600:

gold

Clearly the cartel continues to throw everything but the kitchen sink at the market to keep the paper gold and silver futures price under $1600 and $28 respectively.

 

10ozntr ban