Three Week Test of High Next Week

As expected, markets closed down again for the second week in a row, setting up an anticipated topping formation, a three week test of the recent highs.

Should we fail this test of the high, expect some Central Bank to come out and goose the markets again.

They'll do everything that they can to keep it going until the system collapses.

As the table shows, it appears that the world might be in line with this thought.  Silver and gold continue to be the big winners on the year.  Can you guess why?

The move to the precious metals is the obvious conclusion in the world of manipulated paper assets.