Gold and silver prices bounce back as the Fed stops manipulating them down and why this will continue

The big sell orders at the end of the day have stopped in the bullion markets and the prices of gold and silver have rebounded in good measure. That’s the win-win scenario that ArabianMoney forecast would follow the raising of the debt ceiling (click here).

The bullion banks are no longer getting late night calls from the Fed to take down gold and as the gold price recovers so the silverbugs get more confident in a tighter market and the price of silver spikes even higher. How long will this continue?

 

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