Silver slipped below 20 $. I think it's an indicator of weaker gold prices to come. Generally I watch silver's volatility. If it falls a lot, it might signal gold will follow it. I expect gold to dip to the lower 1,200's once Yellen hits the taperin' button. :lol:
Of course, they wanna promote gold relative to silver so when people buy silver they buy enough gold to make it not lag too much. And then they wait for silver to drop, so that they can dump enough gold to make it follow too. They have to first see what we do, in order to know if to act on golds market. Btw Yellen doesn't have a tapering button, it's just the easing button that they hammer less. Abit like woody woodpecker that gets tired.