Gold Daily and Silver Weekly Charts - Déjà Vu

I imagine that this very clumsy market manipulation will continue until market participants regain their confidence in the ever-blundering central bankers, crooked financiers, and time-serving politicians.

Or until they completely run the economy off the rails.

Apparently the sophisticates at the ECB are expected to deepen their negative interest rates and war on cash and savings as a cure for the looming Depression in Europe when they meet later this week.

To paraphrase Charles Dickens' Mr. Bumble, if their model supposes that, then their model is an ass.

Have a pleasant evening.

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