Iran's president Mahmoud Ahmadinejad alternately threatens to annihilate or "liberate" Israel. With these tensions is it any wonder oil an precious metals are spiking?
o o o
David Limbaugh comments on "Immigration Madness"
o o o
It looks as if the short squeeze that I predicted in the silver market is starting to unfold. Look for a substantial spike in the price of spot silver in the next two weeks, as the shorts panic to cover their positions. This spike may very well be followed by some profit taking, but who knows--the stair step pattern may persist.