Silver Carves Out A Bottom THEN MEETS MC HAMMER

Since the silver market opened on Sunday night, there seems to have been a bottom carved out on the chart:

 

The action on the daily supports the rounded bottom:

However, the fingers are at the ready, and as the lesser of the two jobs reports just hit the tape, this is the reality we face:

Yes, it is disgusting. It’s not a song and a dance. Every opportunity is used to sell paper silver into the market. This week, the cartel has the upper hand with all markets in China closed all week long. However, let’s put it in perspective.

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